USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
VISESH INFOTECNICS, YES BANK, VODAFONE IDEA LTD, UTTAM VALUE STEELS, JET AIRWAYS INDIA, PC JEWELLER LIMITE
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Long Based on divergence
It is been observed that the price action breaking above the downward channel indicating buyers domination over price action. Buyers shall further take prices up from current levels.
Target 1: 96
Target 2: 100
As per the price action, it seems like 5 impulse waves are completed within the up-trend channel and now it will move further in corrective phase where 3 waves will continue rallying downward against the trend. The three corrective waves would name A B C. I have marked only Wave A in the above chart.