since price made double bottom, it is rising inside white trend lines approaching 1960 horizontal resistance where bullish have their profit taking target.
as long as price is trading between these two lines it is bullish, resistance upper trend line and support lower trend line
inside white trend lines we have yellow trend line which will break before breakout of Lower trend line.
the first fib support at 1825 (0.382) which is first tp of intraday sellers on breakout of lower trend line. if price reverse right from this high
0.618 fib retracement is near the daily support 1765 which has been tested many times on daily chart in last one year is the strong support.
as long as price is trading between these two lines it is bullish, resistance upper trend line and support lower trend line
inside white trend lines we have yellow trend line which will break before breakout of Lower trend line.
the first fib support at 1825 (0.382) which is first tp of intraday sellers on breakout of lower trend line. if price reverse right from this high
0.618 fib retracement is near the daily support 1765 which has been tested many times on daily chart in last one year is the strong support.
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