Upside price momentum supports the bullish trend.
A price action above 6100 supports a bullish trend.
Profit target: 6750
Stop-loss: 6050.
The price action remains close to the lower range of the linear regression channel - which increases the likelihood of a mean reversion trade.
RSI leaves enough room for further upside potential.
A price action above 6100 supports a bullish trend.
Profit target: 6750
Stop-loss: 6050.
The price action remains close to the lower range of the linear regression channel - which increases the likelihood of a mean reversion trade.
RSI leaves enough room for further upside potential.