Support found. Bullish reversal on 4H.

١٢ يونيو ٢٠١٨

The price found enough support following our latest 6,652 target and is seen testing (and about to break) the 6,900 level again. 1H is now bullish (only RSI = 51.380 and MACD = -10.300 hold back) and is ultimately pushing towards its MA200 period (7,286.70 - 7,417.90). This is where 4H turns bullish (STOCH = 46.051) and 1D neutral (STOCHRSI = 16.324). As long as the 6,000 - 6,432.4 support zone holds (also support on the 1W Triangle), we can expect the usual behavior on 1W, which is to short the Lower Highs on the Fibonacci retracements (for healthy monthly profits), the next of which are located at 8,327.90 - 8,719.20. Updates on this will be coming almost on a daily basis.