AEL Prediction (2024 Dec 11) - Retracement

11 Ara 2024

Not a BHS recommendation. Just Sharing my idea.

AEL.N0000 - The overall trend is uptrend.
TimeFrame - Daily

Higher High is formed @31.80 and Retracement is already happening

Possible reversal @29.80 (From the highlighted green box)

Confirmations for the reversal -

• Fibonacci levels (0.66 and 0.618)
  
• The Previous Up-Trend Resistance has now become a Resistance
  
• Hidden Regular Divergence is possible which is a Trend Continuation Divergence
  

Expecting Reach the Price to 35 which is a Weekly Resistance

23 Ara 2024

İşlem aktif

As predicted price reached the 35 target.