Once the monthly level at 464 is broken, the move will be bullish. Because, the upper trend line resistance has been broken on 5th test as marked on chart above.
Horizontal support is at 411. And resistance is at 464.
If 464 is broken then it would be a 15 to 20 percent move above.
2nd case would be if the 464 is rejected again then we may see a test at support...
DLT Bullish Gartley Potential reversal Zone.
Targets (38.2% and 61.8% of D low to A high) and stop loss identified.
Good trade and good luck everyone,
Zakaidze Omar
Buy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Just hold and watch. All targets will be reached within 1-3 days as my expectations. But sell after 6-7 days if any target not reached. Good Luck
Thanks for visiting.
