Currently still facing resistance in the upward trend and stagnating. Before a bearish structure forms, shorting is considered an aggressive left-side move. Conditions for entering short positions on the right side include a break below the trendline followed by a rebound testing the breakout failure. The resistance level is around 3275. The potential area for long positions on the pullback is around 3095.
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Currently still facing resistance in the upward trend and stagnating. Before a bearish structure forms, shorting is considered an aggressive left-side move. Conditions for entering short positions on the right side include a break below the trendline followed by a rebound testing the breakout failure. The resistance level is around 3275. The potential area for long positions on the pullback is around 3095.