ASI - Falling Wedge Pattern in CSE

By rukshan2102
Updated
ASI might bounce from 8500 level. Closely monitor this falling wedge pattern and fib levels in the chart.


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Trade active
ASI trying to break upper line with green candles. Need to monitor few more daily candles to get the confirmation of bullish trend.
Trade active
ASI daily candle has broken 0.5 fib value & it protected 8500 support level. ASI will be in uptrend.
Comment
0.236 Fib level is a strong resistance level now.
Trade closed: target reached
ASI started a new bull cycle.
asianmarketChart PatternscsecsedailycselklankasrilankastocktraderTrend Analysis
rukshan2102

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