160 is a strong support zone, potential to take support from this falling channel and give breakout from double bottom pattern after closing above 180 - Its next target would be 205 and 225. Above 225 a breakout from symmetrical triangle pattern will come with a pattern target of 440.
Levels are mentioned on chart, its a simple chart and hopefully helpful. Thanks.
Levels are mentioned on chart, its a simple chart and hopefully helpful. Thanks.
Comment:
RSI divergence is also visible on daily chart, forget to mention that in previous details.