The daily chart shows inverted bullish hammer on the daily chart…but there is a risk of a bearish break from hourly bearish flag formation.
Traders should watch out for a bullish break from flag formation (move above 6724) would add credence to the bullish inverted hammer formation and open doors for 67770 levels.
On the other hand, a bearish break from flag formation could yield a move lower to 6600 levels.
Traders should watch out for a bullish break from flag formation (move above 6724) would add credence to the bullish inverted hammer formation and open doors for 67770 levels.
On the other hand, a bearish break from flag formation could yield a move lower to 6600 levels.
