It is been observed on the daily chart that the price action is breaking above the trendline resistance, indicating further bullishness ahead. It shall further move up as higher lows also formed.
It is been observed that the price action is trending up while forming higher lows. Now, it has broken a strong resistance zone of 435 - 438 levels and now shall move fuel up further up.
Target 1: 445
Target 2: 455
A clean 5 wave decline on day timeframe. Holding 360 levels, price should do a strong rally
On Month timeframe : A seemingly A-B-C correction going on...to an outer extent of 320 levels.
Summary : Add now on all declines in pyramid fashion.