ICICI BANK : Bearish - Rising Wedge detected, and Double TOP possible.
To monitor:
The exponential moving averages 50 (in pink) around 991 ,
and the exponential moving average 200(in white) around 793.
A possible Double Top is detected.
+ there are divergences with the RSI and the ROC ( Rate Of Change), which gives the speed of the variation of the momentum of an underlying!
So a bearish return is possible
Be safe!
To monitor:
The exponential moving averages 50 (in pink) around 991 ,
and the exponential moving average 200(in white) around 793.
A possible Double Top is detected.
+ there are divergences with the RSI and the ROC ( Rate Of Change), which gives the speed of the variation of the momentum of an underlying!
So a bearish return is possible
Be safe!
Canal Telegram: t.me/thewoozacademy
Utube: youtube.com/results?search_query=the+wooz+academy
LINKEDIN : linkedin.com/in/james-d-touati-941a8ba6
X (Twitter) : wolf_zurich
Utube: youtube.com/results?search_query=the+wooz+academy
LINKEDIN : linkedin.com/in/james-d-touati-941a8ba6
X (Twitter) : wolf_zurich
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.
Canal Telegram: t.me/thewoozacademy
Utube: youtube.com/results?search_query=the+wooz+academy
LINKEDIN : linkedin.com/in/james-d-touati-941a8ba6
X (Twitter) : wolf_zurich
Utube: youtube.com/results?search_query=the+wooz+academy
LINKEDIN : linkedin.com/in/james-d-touati-941a8ba6
X (Twitter) : wolf_zurich
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.