Trading suggestion:
.We have already opened Buy trades, trade setup is drawn on the chart and shows entry and targets.
.If the Midterm level 6000.00 is broken, we will close these trades.
Midterm forecast:
.While the price is above the support 6000.00, resumption of uptrend is expected.
.We make sure when the resistance at 11600.00 breaks.
.If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
.We will close our open trades, if the Midterm level 6000.00 is broken.
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 40.
Take Profits:
TP1= @ 9180.05
TP2= @ 10688.25
TP3= @ 11600.00
TP4= @ 12670.65
TP5= @ 15308.00
TP6= @ 17095.65
TP7= @ 19704.20
TP8= Free