As we contemplated in the previous analysis, the price continues with the strength rising and is testing the marked levels. Today, a lot of buyer volume has entered and a strong structure has been created as a support, which continues to show us strength at alza

The upward trend of the price should go to pay a minimum of 100% of the last bearish impulse over the area of $ 6700, as can be seen in the very probable scenario for the Asian session. The area painted in red is our first support to test or break in case you want to throw the price.

But over that area today a lot of volume has entered and we have cluster and area with more than 8 million contracts on the rise as we can see in the image.

So my main scenario is still bullish to look for the area between $ 6800 / $ 7000 approx

In the image are represented

· MONTHLY PIVOT in black

· WEEKLY PIVOT in red

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Daily Chart (Elliott Wave account)

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Disclaimer

Any type of information and opinions issued in this account does not constitute any investment recommendation. The information presented here, only represent ideas about probabilities. Any investment made will be at your own risk and responsibility