Long Term: NG 5,7,10,15 MINS ARE IN CON. POS. 1 DAY IS ALSO IN CON. POS. IT BROKE 3 HOUR RESISTANCE AND NOW IS EXPECTED TO COME DOWN TO 1 HOUR SUPPORT AND THEN BOUNCE. IN 1 DAY IT SEEMS LIKE IT IS FORMING A TRI-A M PATTERN WHICH MIGHT PUSH IT DOWN TO 1 DAY SUPPORT AS WELL. BUT THE PATTERN HAS NOT UNFOLDED YET.
Short term : ON A SHORT TERM NGF IS EXPECTED TO MOVE UP BY TAKING SUPPORT FROM ANY OF THE CON. POS TIME FRAMES. THERE IS NO RESISTANCE LEFT. SO LETS SEE. RB TREND IS NEUTRAL WITH A LITTLE NEG BIAS.
Strength : 5 MINS Confirmed Positive : 5,7,10, 15 MINS
Largest TF Positive Indicator : 4 HOURS Largest TF Negative Indicator : 1 DAY