CLOV Analysis
Closed at 8.06 (29-04-2026)
Beautiful Monthly closing.
Bearish Divergence is appearing which may bring
the price down towards 6.80 - 7.50.
Now immediate resistance is around 8.50
Crossing it may lead it to 10 - 10.50 initially.
& Sustaining 10 may lead it towards 15 - 16.
However, it should not break 5 now.
Closed at 8.06 (29-04-2026)
Beautiful Monthly closing.
Bearish Divergence is appearing which may bring
the price down towards 6.80 - 7.50.
Now immediate resistance is around 8.50
Crossing it may lead it to 10 - 10.50 initially.
& Sustaining 10 may lead it towards 15 - 16.
However, it should not break 5 now.
Trade active
Plan Still Valid.Note
Plan Still Valid.Note
As mentioned that Bearish divergence may bring the price down towards 6.80 , so there it is.
“I DON’T PREDICT. I PRE-READ THE CHARTS!”
TRUE TECHNICALS • PRICE ACTION • MARKET STRUCTURE
TRUE TECHNICALS • PRICE ACTION • MARKET STRUCTURE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
“I DON’T PREDICT. I PRE-READ THE CHARTS!”
TRUE TECHNICALS • PRICE ACTION • MARKET STRUCTURE
TRUE TECHNICALS • PRICE ACTION • MARKET STRUCTURE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.