DAILY RSI = 73
4H RSI = 68 ( ABOVE 65, LESS THEN DAIILY RSI)
HOURLY RSI = 65 ( @65, LESS THEN 4H RSI)
15mn RSI = 56 (LESS THEN HOURLY RSI)
🛑OBSERVATION🛑 :-
ABSOLUTE MOMENTUM IS BULLISH ON ALL TIME FRAMES
RELATIVE MOMENTUM SEEMS ON WEAK SIDE
SUCH SITUATION CAN BE INTERPRETED AS
OVERALL BULLISH TREND BUT WITH SIDEWAYS MOVE
disclaimer - for study purpose only.
ROUNDING BOTTOM ON DAILY FRAME
FRESH BUY ABOVE 2350-60 LEVEL
FOR A TARGET 3150-3200
SIMILAR ROUNDING BOTTOM ON HOURLY CHART
HOLDING FOR TARGET 2890
2842 CAN BE THE RESISTANCE LEVEL FOR 2890 TO COME
BELOW IS ATTACHED HOURLY CHART
buy above 1990 for tgt 2035-60 with stop 1960
sale below 1960 for target 1920 with stop 1990
disclaimer - for study purpose only
below attached previous idea for reference
BUY GIVEN @ 68
FOR TARGET 80 +
SO FAR 76.5 IS THE HIGH MADE
FOR NOW 80+ TO HIT
2 HURDLE LEVELS TO TOUCH N CROSS
1> 77.2
2> 79.3
LETS WAIT N WATCH THESE 2 LEVELS
disclaimer - for study purpose only
below attached old idea post for reference
breaking neck line
of ascending triangle
opening room for script
to touch 105 +
disclaimer - for study purpose only
BELOW ATTACHED OLD IDEA POST FOR REFERENCE
