Possible Divergence in Aksharchem

1 mar 2022

On an Hourly time frame, a divergence is possibly formed. If the consolidation is broken then a quick run-up should follow. Possible Target is given in the chart.

Disclaimer: Only for Educational Purpose.

Feel free to provide suggestions.

4 mar 2022

Orden cancelada

RSI HH- HL pattern broken on Hourly Charts. Also, the channel breakout failed. So let's wait for the next formation.

On a Daily time frame, RSI seems to have formed double bottom already and so the downside seems limited but cant negate the Head and Shoulder breakdown too.