On houry TF, the price broke down from the cloud and in today's (27th Dec) first hour upmove, price hit the cloud top and seen strong supply/rejection from there. It hasnt given the short signal yet, but on watchlist.
On daily, looks like the last leg of rise is a throwover move on the upside. Waiting for the price to come inside the wedge for confirmation
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
Also on:
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.