Though Bullish on Bigger Time Frames but it has Started making LH LLs on Daily TF.
Currently at Important Support level.
Bullish Divergence has appeared that should give it a Bounce.
If 345 is Sustained, we may witness slight upside may be around 375 - 385.
If 391 is Crossed with Good Volumes & Weekly closing is above this level, we may
see it touching 415 - 420 which is again an Important Resistance level.
However, if 345 is broken, 320 - 325 is a level that can be touched in worst case where
Bearish ABCD pattern target will be touched.
Currently at Important Support level.
Bullish Divergence has appeared that should give it a Bounce.
If 345 is Sustained, we may witness slight upside may be around 375 - 385.
If 391 is Crossed with Good Volumes & Weekly closing is above this level, we may
see it touching 415 - 420 which is again an Important Resistance level.
However, if 345 is broken, 320 - 325 is a level that can be touched in worst case where
Bearish ABCD pattern target will be touched.
MM - House of Technicals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MM - House of Technicals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.