Noble Doji Testing Triple Support

Doji testing triple support comprising of :

1. Ichimoku Kumo Cloud

2. Lavender support band

3. Green channel support

A successful rebound here will propel price back into the red channel and retest 20SMA resistance followed by blue resistance zone. Further upthrust may result in a potential triple top.

However, if the doji rebound fails then an imminent drop to 100EMA is inevitable. Strong support at the orange support band must prevail to arrest further decline. Support failure near the 3.00 milestone will probably plummet price to retest the green and pink support regions.