Synthesis
Pivot point : 7280.00
Our preference : long position above 7280.00 with targets at 7468.00 & 7560.00 in extension.
Alternative scenario : in the event of a break of 7280.00, a continuation of the decline will be possible with 7210.00 & 7139.00 in sight.
Comment
A support base at 7280.00 formed and allowed temporary stabilization.
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Positive | Price as of 01/24 | 7,454.40 |
| Basic trend | Bullish | Pivot | 7,280.00 |
| Bracket 1 | 7,280.00 | Additional distance 1 | 13.60 |
| Bracket 2 | 7,210.00 | Additional distance 2 | 105.60 |
| Resistance 1 | 7,468.00 | Additional variation 1 | +0.18% |
| Resistance 2 | 7,560.00 | Additional variation 2 | +1.42% |
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