This analysis is based on a swing strategy. The stop-loss is safely set at 11,420. The chart analysis was conducted on a 4-hour time frame and posted on a 1-hour time frame. The main swing target is between 12,770 and 13,534. If you prefer, you can exit based on the Fibonacci sequence.
The 4-hour chart shows a morning star pattern.
Please note, this analysis is based on current market trends and is not a guarantee.
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.