- trend is down on daily charts
- close above 22000 will indicate trend reversal
- possible triangle breakout
- rally possible till 26000-28000
- will pattern fail?
- before above levels, there is very strong resistance at 24000
- here there are 2 swing lows of 2018 (double bottom)
- any rally will be a pullback rally
- hanging man formed on Friday
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg83R0G2Drw1L3ZMwRADR_M6GoPQxrqViSyfi0c8dGRZcZcOf-sqNE7nLfHp7ZErAtH8XRdnu5Nw0L8t_X_-j2n84q_So7L13LTP32Za_3mzruVTcpT-Gp0pliyExMHNc4YxnRw0xP_-DMG/s640/a.png)
- close above 22000 will indicate trend reversal
- possible triangle breakout
- rally possible till 26000-28000
- will pattern fail?
- before above levels, there is very strong resistance at 24000
- here there are 2 swing lows of 2018 (double bottom)
- any rally will be a pullback rally
- hanging man formed on Friday
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg83R0G2Drw1L3ZMwRADR_M6GoPQxrqViSyfi0c8dGRZcZcOf-sqNE7nLfHp7ZErAtH8XRdnu5Nw0L8t_X_-j2n84q_So7L13LTP32Za_3mzruVTcpT-Gp0pliyExMHNc4YxnRw0xP_-DMG/s640/a.png)
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