HAPPIEST MINDS - Breakdown !!
The chart is self-explanatory as always.
The price has followed the textbook price action of Breakdown, Retest and continuation.
750 acted as a support previously, Once it was broken, It was retested and failed to cross over.
The price has now given a breakdown of the wedge pattern.
It will be interesting to watch if it reverses from here trapping sellers. Or continues its journey downwards towards 600 - 650 levels.
The question is, Will it bounce back??
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
The price has followed the textbook price action of Breakdown, Retest and continuation.
750 acted as a support previously, Once it was broken, It was retested and failed to cross over.
The price has now given a breakdown of the wedge pattern.
It will be interesting to watch if it reverses from here trapping sellers. Or continues its journey downwards towards 600 - 650 levels.
The question is, Will it bounce back??
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
注释
注释
注释
Reversal or Retest ????
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#BeYourOwnAnalyst
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🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。