Two bullish scenarios based on previous price action. More probable red, and less probable blue. We are in oversold areas on daily RSI, on weekly JSW currently struggles with 200 W EMA - that is a really strong resistance. Once that is broken with confirmation I am switching from bear to bull. For now neutral post as situation is yet unclear.
Handel aktiv:
Quick Update: since I recently analyzed CRM the 200 W EMA refers to it - my mistake.
Handel aktiv:
Here's weekly. We're above 100 W EMA. The yellow circular areas suggest price retracement to this strong support (green).
Handel aktiv
Handel aktiv:
Target reached - anticipated red scenario turned out (more-less) as expected.
