closed below 200 MA on daily
testing weekly chart trend line(blue) managing to keep above the trend line so far
found support at 78.6% important fib levels
long (positional):
above 625
if further selling comes as the may test 560-570 levels (pink line:monthly support)
which may be a better buy on dips
weekly:
ICHIMOKU BUY SIGNAL
daily:
short below 600 to fib levels
and daily support(red line)
tenkan below kijun cross
chikou below kumo
long above 618 to 628 odd levels
testing weekly chart trend line(blue) managing to keep above the trend line so far
found support at 78.6% important fib levels
long (positional):
above 625
if further selling comes as the may test 560-570 levels (pink line:monthly support)
which may be a better buy on dips
weekly:
ICHIMOKU BUY SIGNAL
daily:
short below 600 to fib levels
and daily support(red line)
tenkan below kijun cross
chikou below kumo
long above 618 to 628 odd levels
Trade closed: target reached