7500 level was chosen for a reason. My thoughts are Month CAM (Camarilla) R3 retracement to go higher.
Few other support shown, but a retracement to R3 is a normal move before going higher to 8500-9000 reason.
Volume break on the H/S neckline was good and what you want to see for a sustainable move higher.
Few other support shown, but a retracement to R3 is a normal move before going higher to 8500-9000 reason.
Volume break on the H/S neckline was good and what you want to see for a sustainable move higher.
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Possible scenario I see
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Buy zone will be 6800 - 7000.
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Just kept going... stronger than I thought.
Find the edge.
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Website: www.daily-edge.com
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