UBL | At an interesting juncture

14 de mai. de 2021

• UBL has been trading between Gann levels 1225 and 1191 since 28-APR-2021 | Revolving around Gann level 1208
  
  
• Combination of a long term trend line (dotted blue) and Gann Level at 1191 | A strong support zone
  
  
• Sustaining above 1225, price can head higher | sustaining below 1191 creates a possibility of sharp down move
  
  
• Support : 1174 / 1157 / 1140 / 1123 / 1106 / 1089
  
  
• Resistance: 1225 / 1243 / 1261 / 1279 / 1297 / 1315
  
  
• 1297 to 1315 seems to be a strong resistance zone | combination of a multi year trend line (dotted pink) resistance and Gann Level 1315
  

Color codes:

• 45 Degree Gann Level : BLUE
  
• 90 Degree Gann Level : ORANGE
  
• 135 Degree Gann Level : LIME
  
• 180 Degree Gann Level : RED
  

17 de mai. de 2021

Nota

Todays' open = 2010 (near Gann 1208) | 1243 achieved above 1225 in a rapid move ? Currently near 1225

18 de mai. de 2021

Nota

Back to channel top from the Gann Level 1225. Sustaining above the Gann Level 1243.

19 de mai. de 2021

Nota

1279 Achieved.