A price action above 13900 supports a bullish trend direction.
Increase exposure for a break above 14600.
The target price is set at 15600.
The stop-loss price is set at 1300.
Crossing above the 38,2% Fibonacci retracement level might support the bullish price action.
The MACD bullish crossover (see the lower panel) might support the bullish underlying trend. Notice that the price action remains above its 200-day, supporting a bullish underlying trend.
Increase exposure for a break above 14600.
The target price is set at 15600.
The stop-loss price is set at 1300.
Crossing above the 38,2% Fibonacci retracement level might support the bullish price action.
The MACD bullish crossover (see the lower panel) might support the bullish underlying trend. Notice that the price action remains above its 200-day, supporting a bullish underlying trend.
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