2h candlestick patter is strictly following wedge lines as its dynamic s&r. the support band within had been breached and thus could act as a fresh level for a re-bounce. shall it get breached again, twice tested dynamic support could possibly cause a re-bounce and thus an uptrend. dynamic resistance acting as upper edge of wedge is in no position to as as one and this depending upon volume, it can go upto 800 levels.
1-day MACD line shows strong buy signal opposing to 2h MACD trend showing strong sell. markets may move down for a while before it regains an uptrend momentum
1-day MACD line shows strong buy signal opposing to 2h MACD trend showing strong sell. markets may move down for a while before it regains an uptrend momentum
Comment:
Upside trend achieved as expected