Pivot
(invalidation):
3142.00
Our preference
Long positions above 3142.00 with targets at 3160.00 & 3172.00 in extension.
Alternative scenario
Below
3142.00 look for further downside with 3127.00 & 3112.00 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
![[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions](https://c.mql5.com/6/1006/splash-preview-770296.jpg "[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions")
![[TLV]: When a Timing Should Be Ignored Liquidity Activation Point ≠ automatic entry](https://c.mql5.com/6/1006/splash-preview-770298.png "[TLV]: When a Timing Should Be Ignored Liquidity Activation Point ≠ automatic entry")
