Observations:
Monthly, weekly and daily trend: UP
Monthly demand zone [R1]: 56.2 ~ 63
Monthly supply zone [R2]: 107.3 ~ 115
Weekly CP [R3]: 82.75 ~ 89
Monthly trend: T1, Weekly trend: T2 & Daily trend: T3
Daily supply zone [R4]: 108.2 ~ 114.30 - It is inside R2
Daily demand zone [R5]: 56.45 ~ 58.85 - It is inside R1
The above charts are created using iCharts and tradingview.
Disclaimer: These are my personal views and should not be treated as trading tips.
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