White lines are Weakly levels, yellows are daily, orange are 4 hr and pinks are 1 Hr levels, so right now we are waiting for breakout of 4Hr trend, and then hard close.. then we take action
CASE1:- if break above orange trendline and hard close, then our target is white downtrend, then we look for support and use uptrend as support and taking support we attack again on white downtrend...and try to break... if broken and hard close then our target is yellow dashed line
CASE2:- it have to break orange uptrend and pink (1Hr) uptrend by the help of orange downtrend, then our target is pink dashed line, orange line and if it our orange downtrend work as good support then we expect 0.6847 level too
CASE1:- if break above orange trendline and hard close, then our target is white downtrend, then we look for support and use uptrend as support and taking support we attack again on white downtrend...and try to break... if broken and hard close then our target is yellow dashed line
CASE2:- it have to break orange uptrend and pink (1Hr) uptrend by the help of orange downtrend, then our target is pink dashed line, orange line and if it our orange downtrend work as good support then we expect 0.6847 level too
Comment:
got a nice rejection from orange(4Hr) Downtrend