Weekly spinning top after a long green candle this week imply a decisive more is coming in the upcoming weeks.
Below is the possible Elliott wave pattern. The strong resistance is around the yellow circle.
From the 4hr chart, the various support can be seen highlighted in yellow, from the ichimoku cloud to the 200 EMA/SMA.
Below is the possible Elliott wave pattern. The strong resistance is around the yellow circle.
From the 4hr chart, the various support can be seen highlighted in yellow, from the ichimoku cloud to the 200 EMA/SMA.
Daily support/resistance on 7th Aug: 49.37, 49.07
Weekly support/resistance from 7th Aug - 11th Aug: 49.48, 49.4
Monthly support/resistance for Aug: 49.12, 47.03 (CLU7: 49.15, 47.12 ; CLV7: 49.28, 47.25)
Weekly support/resistance from 7th Aug - 11th Aug: 49.48, 49.4
Monthly support/resistance for Aug: 49.12, 47.03 (CLU7: 49.15, 47.12 ; CLV7: 49.28, 47.25)
Monthly support/resistance for Jul: 46.09, 45.61 (CLQ7: 46.13, 42.73 ; CLU7: 46.35, 45.92)
2017 Yearly support/resistance: 49.35, 40.28
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