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 -
Expecting Reach the Price to 35 which is a Weekly Resistance
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
Trade active
As predicted price reached the 35 target. 
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Related publications
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.