Pivot (invalidation): 12290.00
Our preference
Short positions below 12290.00 with targets at 12180.00 & 12120.00 in extension.
Alternative scenario
Above 12290.00 look for further upside with 12337.00 & 12420.00 as targets.
Comment
The RSI advocates for further downside.
(By Swissquote TRADING CENTRAL)
![[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time](https://c.mql5.com/6/1005/splash-preview-770124.jpg "[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time")