Monthly Chart
Moving downwards in a downward sloping channel.
Weekly Chart
Moving in an ascending broadening wedge which is a bearish pattern. Looking at it another way, it is a bearish Head and Shoulder pattern with an upward sloping neckline.
Daily Chart and Hourly Chart showing the same Head and Shoulder patterns.Holding 32155 is key for bulls.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
No comments:
Post a Comment