Looking to buy at $6,000. Stop loss placed around 5,200 with conservative take profit around $9,500. It could go higher but really it depends entirely on the price action.
For those interested to invest. This is a great level to consider as well.
My supporting evidence is based on the false break (also failed on making new lows) on $6,000 which previously was a support. Therefore, I’m anticipating this price level to hold again giving us some decent gains.
Thank you. All the best 🙂
Published at Sun, 12 Jan 2020 12:07:50 +0000