Technical Analysis ICT

The general uptrend continues, but there is some healthy pullback after last Friday’s strong +4.58% uptick in prices. It also reached an all-time high of 160.00 last week. The indicators continue to show strong bullish momentum, especially the DMIs. Meanwhile, the RSI slightly eased from the overbought territories. The MACD is also on strong buy signals, but the histograms are relatively muted.

Buy on pullbacks

Weekly target: 159.00
Support: 152.05
Resistance: 160.00

Material in this article is obtained from sources we believe to be reliable, but its reliability or precision cannot be guaranteed. This is for the sole purpose of providing details and does not provide an offer from us to buy or sell securities mentioned in this document.

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