No more an "ascending top", now it's only bullish catapult.
Weekly Analysis:
Daily Analysis:
Summary:
Weekly DOWN. Daily DOWN. BlSL has been broken in weekly chart also. Support should not breach 5060 for bullishness to be intact. This is definitely a consolidation, it's a matter to be tested which way finally it gives in. As it's grinding too much in this range, it's likely to get into a trap.
Hi
ReplyDeletecan you update the chart for this week having broken 5060 on daily basis but not yet confirmed on weekly basis. what is the outlook now ?
thankyou !
Chart outlook - It's bearish & quite deep.
ReplyDeleteUpdated chart, as personally going through some medical emergency of some close relative, could not update.
Regards,
Rajib