DLT Trend Line Broken After 5th Test (Bullish)
Once the monthly level at 464 is broken, the move will be bullish. Because, the upper trend line resistance has been broken on 5th test as marked on chart above.
Horizontal support is at 411. And resistance is at 464.
If 464 is broken then it would be a 15 to 20 percent move above.
2nd case would be if the 464 is rejected again then we may see a test at support 411. So ready for both situations.
Trade safe. My duty is to give you the analysis. because i don't give blind signals, I give you the exact analysis, so that it can help you made the decisions easier.
Thanks, Stay tuned for daily chart analysis.
Trade safe.
Horizontal support is at 411. And resistance is at 464.
If 464 is broken then it would be a 15 to 20 percent move above.
2nd case would be if the 464 is rejected again then we may see a test at support 411. So ready for both situations.
Trade safe. My duty is to give you the analysis. because i don't give blind signals, I give you the exact analysis, so that it can help you made the decisions easier.
Thanks, Stay tuned for daily chart analysis.
Trade safe.
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