neelaks

neelaks Updated 

Price got Rejected at Monthly H4 and Weekly H5 Camarella Pivots(165 & 164), Also a new weekly Central pivot opened at 134 and New weekly L3 is at 130, Where most likely price is going to touch between 130 to 135 range in this week, where 0.618 FIb@ 133 is also coinciding with Fibonacci lines. Also price has reached the top of the Rising wedge which formed a Double...

neelaks

Price got Rejected Weekly H4 Cam Pivots, There is GAP created @ 15.33 to 15.7 between the Blue Lines . Two scenarios to play in this week : Scenario 1 shown with White arrows as a new weekly Central pivot is opened @ 14.27 and untouched yet and then go up to fill the gap @ 15.7. Scenario 2: Shown with Yellow lines First go up fill the Gap and then come back to...

neelaks

On a weekly chart, 20EMA Crossed 50 EMA, possible retest of 50 EMA @ 2.72 or 2.36 NOK and then it will head towards Monthly 20 EMA Also where a Yearly Pivot is located @ 5.2 to 5.5 NOK

neelaks

Fib taken from Previous low to High, Rising Channel broken, Price measurement of channel is calculated from Channel broken, which is showing a possible price fall upto 0.618 FIb @ 2.36 NOK. Although 2.72 NOK is a strong support, possible bounce at 2.72 if not 2.36 should hold the price. This is not a trading advice, just for information Purpose.