Weekly Analysis:
Daily Analysis:
Summary:
Weekly resisted. Daily DOWN. Above 5600 Bullish, below 5340 Bearish. Therefore, expect some consolidation.
Small Recap:
5600 turned out to be a good level. Sometimes, levels become quite crystal clear, sometimes (specially in consolidation zone) though they play but only after exhaustion of patience!
I hope people following PnF will be happy to see that levels can be predicted as effectively in PnF as in candle charts. No indicator, it's pure price.
Weekly resisted. Daily DOWN. Above 5600 Bullish, below 5340 Bearish. Therefore, expect some consolidation.
Small Recap:
5600 turned out to be a good level. Sometimes, levels become quite crystal clear, sometimes (specially in consolidation zone) though they play but only after exhaustion of patience!
I hope people following PnF will be happy to see that levels can be predicted as effectively in PnF as in candle charts. No indicator, it's pure price.
Hi Rajib,
ReplyDeleteIts great looking charts.
bull doubletop weekly, tripletop daily, & the breakout level goes well with 200dEMA, BollingerTop, 200SMA also.
bear breakdown goes well with 400ema breakdown [about].
Crucial zone by all means, and you confirm it too.
:)
We will keep crisscrossing on our offtimes and find good posts, I wish.
Have a great time at office.
Catch u soon.
Takecare , Bye!!
Hi mo h,
ReplyDeleteThanks a lot for continuous encouragement.
Your posts are definitely missed. You are always ready with your levels ... :)
I would definitely love to criscross, in every interaction I get to learn so much!
Rgds,
Rajib