Price has pulled back to support just above the 50 SMA, with a 61.8% Fibonacci retracement from the recent swing low to swing high in place as well. So, I'm going long here at 8625, with my stop at 8565 and my target profit at 8875 --- a target based on an AB=CD projection.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.