TradingView
sandeep2909
Jul 15, 2018 6:28 AM

Strong downtrend expected 

DLF LTDNSE

Description

Long-legged doji with downtrend - broken Ichimoku Cloud on weekly charts... expected to have sharp fall
Comments
praveentrading
Hi Sandeep, thank you but in my chart the candle shows the open as 187.5 and close as 187.75. I am using the free version. If you could please confirm, it would be really helpfull.
sandeep2909
@praveentrading, I too use a free version.. You are right opening & closing were at same levels for last 2 weeks. Lastly I am a novice in TA.. I just my "amateur" views.. I maybe wrong too :-)
praveentrading
@sandeep2909, oh ok sandeep, i have seen alot like this in trading view so i stopped taking decisions based on it and took this info only for price movements. May be their accuracy depends upon the money we pay :-).. i saw this happen in the 4 hr nifty some days, and a doji in yes bank. be careful, verify with multiple resources
sandeep2909
@praveentrading, Thanks.. will take note
praveentrading
@sandeep2909, .. do let me know if you find any reliable site :-)
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