BNF
The gap-up on second time on consecutive days confirming the upward bias.
Now 400 points away from the recent bottom on daily charts . . .
Note that the TREND on daily remains Down,
but it is a rally in that downtrend that we are trading,
so we will go with the direction of this rally,
this nicely matches with trend on our TF i.e. 10 minutes
as the system is long from yesterday
currently price up move halted at round figure of 11.5 K
but 11650-700 zone seems to be the resistance,
.
The gap-up on second time on consecutive days confirming the upward bias.
Now 400 points away from the recent bottom on daily charts . . .
Note that the TREND on daily remains Down,
but it is a rally in that downtrend that we are trading,
so we will go with the direction of this rally,
this nicely matches with trend on our TF i.e. 10 minutes
as the system is long from yesterday
currently price up move halted at round figure of 11.5 K
but 11650-700 zone seems to be the resistance,
.