As long the resistance $ 950-960 holds, we should see a break of $ 868 trend line support. Further, we got a large M-top formation, and usually this suggest lower medium-term levels.
For now, the strategy is SELL $ 925-30 with a stop-loss $ 965. The profit objective $ 750.
The weekly chart stochastic is positive right now as a note.
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.