Price is following the trend structure shared in our June update. We prefer to see more right-side development and a local consolidation within the 7.70–6.20 region over the coming weeks.
A subsequent breakout above 8 would then open the door toward 10+.
Chart:
Our note in WeBull on Jun 15:
"A very constructive recovery off the June 10th low, which reached a mid-term support zone and allowed a higher low to form.
The V-shaped nature of the recovery looks prone to more right-side consolidation, especially if it reaches the 7.40–7.70 resistance levels this week. Seeing this right-side consolidation would substantially improve the stability of the structure that's forming — preferable to a continuous, uninterrupted upside momentum from here."
Chart:
A subsequent breakout above 8 would then open the door toward 10+.
Chart:
Our note in WeBull on Jun 15:
"A very constructive recovery off the June 10th low, which reached a mid-term support zone and allowed a higher low to form.
The V-shaped nature of the recovery looks prone to more right-side consolidation, especially if it reaches the 7.40–7.70 resistance levels this week. Seeing this right-side consolidation would substantially improve the stability of the structure that's forming — preferable to a continuous, uninterrupted upside momentum from here."
Chart:
Swing-trading ideas, market analytics & asset requests
2026 Equities +90.70R | Crypto +11.37R
Closed trades: belfed.com/
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
2026 Equities +90.70R | Crypto +11.37R
Closed trades: belfed.com/
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Swing-trading ideas, market analytics & asset requests
2026 Equities +90.70R | Crypto +11.37R
Closed trades: belfed.com/
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
2026 Equities +90.70R | Crypto +11.37R
Closed trades: belfed.com/
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.