Price is buying long term. We can see price near our minor resistance zone @12950.8 and we want to see price break and close above this level for confirmation or entry to the upside. Once price breaks our minor resistance level it will continuing heading up to reach our next resistance level of 13327.9. If price does break 13327.9 it will reach our next daily resistance level @13877.30. We should wait until we have confirmation to enter a buy position.
Disclaimer: This is how I interpret the market, results are not guaranteed. Trade at your own risk. Happy Trading Everyone!
Disclaimer: This is how I interpret the market, results are not guaranteed. Trade at your own risk. Happy Trading Everyone!