Bears:
- HS pattern is visible in 5-min chart. So, if 157 is taken out, then we can expect a down move towards floracent blue support line.
- Also looks like we have barier triangle pattern with horizontal support line at 157. Most often break happens at horizontal side.
- Last 3 candles, trading between 21HRSMA and 34 HRSMA.
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Supports:
159.70: Brown channel support (day chart)
158: Upper Band (day chart)
158.23: 5EMA (day chart)
158: Weekly Pivot
157: Diagonal support (prev resistance) (min charts)
154.45: Lower Band (day chart)
153: Weekly Channel Support (approx)
152.80: Purple line support in the weekly chart. (approx)
152.70: end of 2nd wave of last 5th wave.
151.74: Weekly Support1
151.50: 5th wave started from here.
150.45: 23.6% retracement of upmove 100.1 to 166
148.80: Day Channel's support
140: Monthly Channel's support
Resistances:
178: Weekly Channel Resistance
174.23: Weekly R2
174: Monthly channel's resistance
168.30: Day Ch Resistance
168: Weekly R1





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