Price action is following structure. Both rallies up from the initial swing low have been equal in length. We're likely to see a re-test of previous highs which is in line with current structure.
Price is likely to reverse in the blue box from 6779 down to 6735.
Potential trade set up for a buy at 6735 is a 1.62% ratio trade with stops at 6599 and take profit at 6954.
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.