BNF at a high prob reversal zone.
BNF CMP 51462
Fib- The current zone is a strong support.
Candlestick- we have an inverted hammer. which is a reversal candlestick pattern at the strong support.
Channel - the Index is down to is rising channel support.
RSI- The oscillator is above its bull zone.
Composite- On the right we have an hrly chart. And we have a strong positive divergence.
Conclusion - to me the Index is down to a high probability reversal zone.
Fib- The current zone is a strong support.
Candlestick- we have an inverted hammer. which is a reversal candlestick pattern at the strong support.
Channel - the Index is down to is rising channel support.
RSI- The oscillator is above its bull zone.
Composite- On the right we have an hrly chart. And we have a strong positive divergence.
Conclusion - to me the Index is down to a high probability reversal zone.
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