Monthly chart: Strong bullish candle closed, indicating a bullish trend. Weekly chart: Last two candles are bearish, suggesting a potential pullback from rejection at 1960 or 1935. Daily chart: Price is trading between 1988 to 1950, providing ample trading opportunities. 4-hour chart: Anticipating a bearish fakeout at 1960 or 1950 before a return to close in that area. Look for a buy signal with confirmation.
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.