We look at a possible trend reversal in UBL for following reasons-
1) Price is at a demand zone from which previously it gave us a strong rally.
2) RSI divergence is in formation which seems to be bullish
Price is currently at an important level and it may go at least till the marked Supply Zone SS for a 1st target.
Disclaimer: Only for educational purpose.
1) Price is at a demand zone from which previously it gave us a strong rally.
2) RSI divergence is in formation which seems to be bullish
Price is currently at an important level and it may go at least till the marked Supply Zone SS for a 1st target.
Disclaimer: Only for educational purpose.