It's in the upward correction towards the first zone of resistance between 217 - 233
Once it breaks above this zone then the next target is 245
245 is the confluence of resistance by the falling trendline and 50% Fibo Retracement.
Invalidation of this buy idea would be the break below 150.
Once it breaks above this zone then the next target is 245
245 is the confluence of resistance by the falling trendline and 50% Fibo Retracement.
Invalidation of this buy idea would be the break below 150.
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