BLS
03/07/2023
Disclaimer: This is just my observation, please do not consider this financial advise.
In the last two trading days, 213.55 range has been tested 2 times.
- A bullish break of structure is already seen from 22nd of JUNE to current date.
- There is a confluence where both the chart and the RSI shows an uptrend (I know it has touched the 70 mark but the uptrend remains steady).
- The 21, 50 and 200 smoothed moving average shows a good uptrend.
- The resistance level of 208.28 established during December of 2022 has been breached.
I want to see where this goes. But I have a good feeling.
Cheers!