FSL For short term Analysis.
Updated
1) Monthly – Moving up into RSI 60+ from oversold zone, reversed at Fibonacci retracement levels of 61.8%
2) Weekly – Uptrend, inside candle has formed.
3) Daily is in a range consolidation for the last 10 trading sessions.
4) 75 Minutes shows a solid compression, if the range breaks 150.30 and sustains for about 1 Hr + then one may consider going long till 160-165 range.
Triangle patterns visible with solid support being taken at every fall, the lower range is being protected.
8-10% UPSIDE visible for an immediate swing purpose.
All my views are for educational purpose only, Trade as per your risk.
Happy trading!
2) Weekly – Uptrend, inside candle has formed.
3) Daily is in a range consolidation for the last 10 trading sessions.
4) 75 Minutes shows a solid compression, if the range breaks 150.30 and sustains for about 1 Hr + then one may consider going long till 160-165 range.
Triangle patterns visible with solid support being taken at every fall, the lower range is being protected.
8-10% UPSIDE visible for an immediate swing purpose.
All my views are for educational purpose only, Trade as per your risk.
Happy trading!
Note
Do keep an eye for 75 minutes closing above 151.Note
5% Done in 3 trading sessions!
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