thebr0kendreams

thebr0kendreams

Likely in the final wave 5 of the 1st full impulsive wave. T1: 500, T2: 645

thebr0kendreams

1) Strong Support Zone 2) Trendline Support 3) Formation of a Double Bottom (Confirmation Still Pending) 4) Formation Of Positive RSI Divergence

thebr0kendreams

Rising Wedge. Waiting for a Breakdown

thebr0kendreams

Looking for reversal. Positive Divergences have started developing on smaller timeframes. SL : Close less than 283 DCB

thebr0kendreams Updated 

Waiting for a Monthly Breakout

thebr0kendreams

Resistance Zones

thebr0kendreams

Channel

thebr0kendreams

From March 2020 Lows, looks like it has completed 5 subwaves in (i) of 5 and 3 subwaves in (ii) of 5. It appears like (iii) is going on with subwave 3 of iii) about to start. Each time Fib level has also been highly respected. Lets see whether it can reach 4.236 SL: Close below 1370

thebr0kendreams

Looks like it is under consolidation after a strong upmove. Weekly close below 216 can be kept as SL for targets R1 R2 R3.

thebr0kendreams

SUPPORT AND RESISTANCE LINES

thebr0kendreams

Forming Higher high and Higher Lows on a hourly chart. Each time it has come near the bottom of the channel it has moved up from there. It did breakout but couldnt sustain and we are again back to the bottom of the channel. Till the channel bottom is respected we can expect another trip to the channel top. RSI has also cooled of considerably,

thebr0kendreams

RETESTING THE BREAKOUT ZONE. If the retest is successfull, looking to go long.

thebr0kendreams

Almost near channel top...how much more will it go?

thebr0kendreams

Beautiful pennant forming in a uptrend.

thebr0kendreams

Looks like a falling wedge pattern is forming.

thebr0kendreams

Breaking out of the channel!!!

thebr0kendreams

LOOKING TO SEE IF IT BREAKS 61.8%

thebr0kendreams

It has gone below the short term upward trendline and is now moving inside a downward channel. Lets see in which direction it breaks the channel.