could not cross fib resistance, may take the nearest support levels mentioned on the chart
crossed trend line with normal volumes may retest trend line and fall from there Entry at 61 Exit at 59
reversed from strong resistance may go up slightly at the start of day Entry and Target provided on chart
on weekly charts have made cup and handle . brexit impact may take it higher to 160 or so.
Playing well in a channel, in the last session, rebounded from the bottom channel support. If it doesn't breakout out from the channel on Monday, its high chances will touch 535 lvl soon All the best for your trades !!!
If indigo on Monday is able to breakout multi-year trendline, it may end somewhere in 2300-2400 zone. market conditions also look favourable... would be interesting to witness.
Not sure about Elliot waves ..but in its terminology 5th wave may occur ..
is it a cup and handle breakout? looks so, the target may confirm
Broke the existing trend with heavy volumes
Interesting cup and handle formation - bullish as well
upper and lower trendline converging ADX turning up
possible breakout if crosses the trend line
playing well within a sort of channel. High chances of it rising from here and for some time. Disclaimer - Refer my id - Learner -> I am learning, so take above note with a pinch of salt :)