DAILY CHART
FOUR HOUR CHART
ONE HOUR CHART
- Daily chart having taken support near the cloud has come back to test 20 SMA again. Closing above 20 SMA will help bulls to continue the up trend again.
- Four hour chart shows price breaking out of the falling wedge like pattern. Price is testing 50 period SMA which shall be crossed for continuing this up move.
- One hour chart too is testing crucial levels like golden ratio and 200 Hour SMA.
- So to summarize price has closed near crucial resistance level which shall be crossed tomorrow or we will see another leg down from the current levels.
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