10.8k-11k is the big resistance of this structure.
I expect a retracement from this level to the 200 3D EMA The 3D 200 EMA is historically the level to confirm before to aim for new local and all times high. At this level there is also confluence of a lot of moving averages. Basically bulls have to put this level in to the pocket before aiming to go higher.
If it fail to confirm this level and turn to resistance the scenario is quite bad.
BIO
I expect a retracement from this level to the 200 3D EMA The 3D 200 EMA is historically the level to confirm before to aim for new local and all times high. At this level there is also confluence of a lot of moving averages. Basically bulls have to put this level in to the pocket before aiming to go higher.
If it fail to confirm this level and turn to resistance the scenario is quite bad.
BIO