Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish
The market is approaching a key horizontal level 19,001.1.
Considering the today's price action, probabilities will be high to see a movement to 19,199.3.
P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Trade stängt: målet nått
That was an excellent trade and the target was reached too!
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