agree that its a key level... on the daily its done a 78% retracement of the last leg up so that the gartley trade would be to buy with @ 9565 with stop at 9470 target 9710 ...so thats risk 95 for 145 gain... not that I'm doing that trade but its the way I see it. and of course if it broke 9470 that would be a failed gartely and turn into a bearish scenario
on the weekly tho the trend line could be a bit lower than you suggest?
using Netdania for the weekly and it sets the lines of the lows precisely.
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