Will touch 1300 before continuing the Bear until 1212.. I'm taking a more conservative approach for Target Profit at 1290 because of a slanted resistance ( gold line).
Keep an Eye on MA 20, it's the key to decide for opening a position!
Keep an Eye on MA 20, it's the key to decide for opening a position!
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We are forming Head and Shoulders this time.. so keep your eyes on to see the reversal happens. Although nothing is 100% certain in trading world, we still can have confirmation where the bull momentum after HNS is done, therefore I set long point now at 1266.
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Resistance now 1276 & 1290