SaifSiddiqui

SaifSiddiqui

Possible inverted head and shoulder as soon as neckline breaks it could go up. Or Could break below the head with a close of the candle and then continue down.

SaifSiddiqui

Did a double bottom , so could go up and hit red resistance line. Or Could break the low and continue down.

SaifSiddiqui

Looks like its going to 80600 area for now as the wick is pointing down and looks like its gonna go up as it has been. Or Could do double top then break yellow trend line and then continue down.

SaifSiddiqui

overall direction is upwards but for short term it could close below the yellow trend line and go down for a bit because of the triple top. or could continue up if the candle closes above the current high.

SaifSiddiqui

watch for wicks at bottom yellow trend line for buys.

SaifSiddiqui

if it breaks neckline then its gonna continue going down or if it closes above head then the sell is not valid.

SaifSiddiqui

wait till break of triangle formation and watch for wicks in order to know direction.

SaifSiddiqui

watch for wick on bottom yellow trend line to enter buy or wait till close below the yellow trend line and wick pointing upwards at the trend line then sell till the red line.

SaifSiddiqui

watch for wick to see which way it breaks out.

SaifSiddiqui

for now could go to 108.350 area if the 15 minute candle closes like this, it will confirm the tweezer tops for it go down.

SaifSiddiqui

its gonna go down to the 39620 area as long as the 1 hour closes as a wick like this hitting the top yellow trend line.

SaifSiddiqui

if it closes below the neckline then its gonna continue down.

SaifSiddiqui

watch for breakout to upside or downside after trend lines.

SaifSiddiqui

Watch for wicks at the bottom trend line for indications for buy or sell.

SaifSiddiqui

Watch for what price does when it wicks or breaks the triangle formation to know direction but major trend is going downard.

SaifSiddiqui

It did a double top so could go down for now. Watch for spikes for entry if there is a buy as the trend is going that way.

SaifSiddiqui

Could go up and hit the yellow trend line because of the triple bottom. Or if it closes below the low then could continue down because the higher time frame shows that it hasn't hit the bottom yellow trend line on the daily chart.

SaifSiddiqui

If it closes below the red trend line then its gonna continue down to the yellow trend line down. Or If it breaks above then watch for wicks for a buy.