Market index is being in this pattern for a while, the pattern is bullish its called ascending triangle pattern which occurs after a defined uptrend. With todays closing we can see first candle - doji of of this chart pattern so is this a manipulation? of the pattern is invalid now?
Well in my opinion nothing is perfect in this world and I think market is still bullish todays Doji candle is not very significant. We need more clarity on this may be a weekly closing will help us to decide. One thing is for sure that the breakout of this chart pattern will be very big. I am bullish bias so i am expecting a big breakout to the upper side of this triangle pattern. A solid green candle above 3300 level will confirm a breakout to the upside and we can expect market to cross 2500 soon.
Hit like & follow guys ;)
Well in my opinion nothing is perfect in this world and I think market is still bullish todays Doji candle is not very significant. We need more clarity on this may be a weekly closing will help us to decide. One thing is for sure that the breakout of this chart pattern will be very big. I am bullish bias so i am expecting a big breakout to the upper side of this triangle pattern. A solid green candle above 3300 level will confirm a breakout to the upside and we can expect market to cross 2500 soon.
Hit like & follow guys ;)
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.