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rukshan2102

ASI - Falling Wedge Pattern in CSE

Long
CSE All Share Price Index (CSELK:ASI)  
rukshan2102 Updated   
CSELK:ASI   CSE All Share Price Index
Trend Analysis Chart Patterns cse csedaily cselk srilanka stocktrader lanka asianmarket
2
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trendanalysis chartpattern cse csedaily cselk srilanka stocktrader lanka asianmarket
ASI might bounce from 8500 level. Closely monitor this falling wedge pattern and fib levels in the chart.


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Trade active:
ASI trying to break upper line with green candles. Need to monitor few more daily candles to get the confirmation of bullish trend.
Trade active:
ASI daily candle has broken 0.5 fib value & it protected 8500 support level. ASI will be in uptrend.
Comment:
0.236 Fib level is a strong resistance level now.
Trade closed: target reached:
ASI started a new bull cycle.

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