Price line moving within falling wedge and now the trends are changing from wedge to pennant due to new support withing the wedge. I have shown this move using chart patterns. And within the triangle now price action has formed a bullish shark pattern and candle sticks are entered in potential reversal zone of this shark.
The MACD upto 4 days is weak bullish and RSI upto 2 weeks chart in oversold zone.
Volume profile is showing less interest of traders at this area.
Moving average crossover (golden cross) between 25MA and 50MA upto 5 day chart is formed.
The sell targets are defined as per Fibonacci sequence.
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