Short term move to 7600 and then breakout of wedge to 8400
Assuming uptrend continues, coupled with the cross in MACD. If wedge breaks down below 7300 (50dma as well) , we can look for a drop to 6800 at least
Note
breaking down to touch bottom channel. if it breaks below, we should see 6800 (0.618 fib retracement)Order cancelled
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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.