- UBL has been trading between Gann levels 1225 and 1191 since 28-APR-2021 | Revolving around Gann level 1208
- Combination of a long term trend line (dotted blue) and Gann Level at 1191 | A strong support zone
- Sustaining above 1225, price can head higher | sustaining below 1191 creates a possibility of sharp down move
- Support : 1174 / 1157 / 1140 / 1123 / 1106 / 1089
- Resistance: 1225 / 1243 / 1261 / 1279 / 1297 / 1315
- 1297 to 1315 seems to be a strong resistance zone | combination of a multi year trend line (dotted pink) resistance and Gann Level 1315
Color codes:
- 45 Degree Gann Level : BLUE
- 90 Degree Gann Level : ORANGE
- 135 Degree Gann Level : LIME
- 180 Degree Gann Level : RED
Comment:
Todays' open = 2010 (near Gann 1208) | 1243 achieved above 1225 in a rapid move ? Currently near 1225
Comment:
Back to channel top from the Gann Level 1225. Sustaining above the Gann Level 1243.
Comment:
1279 Achieved.