Daily Chart
A doji was formed making a higher high and low.Oscillators are showing strength and all daily emas now bullishly aligned with the 50/200 bullish crossover today. Price action though is not very encouraging.The slow rise has the stochastic in overbought region and this may see some pullback.
Half Hourly Chart
Half Hourly Chart
Pennant formation which is a continuation pattern indicating more upside. Levels marked on charts.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment