Not a BHS recommendation. Just Sharing my idea. CSELK:RIL.N0000 - The overall weekly trend is uptrend. Timeframe - Daily Higher High is formed @13.80 and Retracement is already happening Possible reversal between 12.5-12.4 (From the highlighted red box) Confirmations for the reversal: Close to Fibonacci golden pocket Hidden bullish divergence is...
Not a BHS recommendation. Just Sharing my idea. CSELK:AEL.N0000 - The overall trend is uptrend. TimeFrame - Daily Higher High is formed @31.80 and Retracement is already happening Possible reversal @29.80 (From the highlighted green box) Confirmations for the reversal - Fibonacci levels (0.66 and 0.618) The Previous Up-Trend Resistance has now become...
Not a BHS recommendation. Just Sharing my idea. CSELK:AEL.N0000 - The overall trend is uptrend. TimeFrame - Daily Confirmations for a pullback: The Up Trend Resistance Line is touching the wick. In previous instances, when the trendline touched the wicks, the price respected and reacted to the line. There is a daily resistance at 29 Possibility of...
**Not a BHS recommendation. Just sharing my idea. AEL.N - The overall trend is uptrend . In the daily chart, it is creating a correction wave and as indicated in the chart a possible higher low (in the chart it should be corrected as Possible HL) has already been made at 22.9. This is confirmed by both the trendline and Fibonacci retracement tool (0.886...
Breaking the symmetrical triangle and moving towards next weekly resistence **Not a BHS recommendation. Just sharing my idea.
With the increasing volumes, the price will break the current resistance level and reach the next weekly resistance level. **Not a BHS recommendation. Just sharing my idea.