Current price: 4046
Key point: 4044
Our preferred strategy: Buy positions above 4044 with a first target of 4090 and then a second target of 4120.
Alternative scenario: Stop loss and trend reversal upon breaking the 4024 level, targeting the 3960 level.
Technical commentary
The price managed to break through the downtrend line from the current month's peak and simultaneously break through the 4024-4044 levels and hold above them, making it expected that the price will reach the 4090 levels and then the 4120 levels.
