ENTRY:72.80
TARGET 1: 79
TARGET 2: 81
SL: 69
For the Safer side, you can buy on the retrace.
PRO:
- Week Sellers.
- Strong support @72.
- RSI above 50.
- Higher High on RSI.
- Would break the parabolic trendline.
CONS:
- Still in a downtrend.
- Volumes are ok.
TARGET 1: 79
TARGET 2: 81
SL: 69
For the Safer side, you can buy on the retrace.
PRO:
- Week Sellers.
- Strong support @72.
- RSI above 50.
- Higher High on RSI.
- Would break the parabolic trendline.
CONS:
- Still in a downtrend.
- Volumes are ok.