4 hours timeframe
The last day supported on 50 ema at 38.26
bullish scenario
The W pattern breakout of the local high in 45.22 will set a technical target to 56.5
bearish scenario
Breaking of a horizontal trend line with an 50 ema at 38.26 will lead to 200 ema consolidation with a horizontal trend line at 30.5
The last day supported on 50 ema at 38.26
bullish scenario
The W pattern breakout of the local high in 45.22 will set a technical target to 56.5
bearish scenario
Breaking of a horizontal trend line with an 50 ema at 38.26 will lead to 200 ema consolidation with a horizontal trend line at 30.5
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