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Le-Loup-de-Zurich

ICICI BANK : Bearish - Rising Wedge detected, and Double TOP ?!

Short
ICICI BANK (NSE:ICICIBANK)  
Le-Loup-de-Zurich  
NSE:ICICIBANK   ICICI BANK
Trend Analysis Chart Patterns Technical Indicators jamestouati thewolfofzurich thewoozacademy ICICIBANK Double Top Rising Wedge jameswolf jameszurich jamesharmonics
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trendanalysis chartpattern indicator jamestouati thewolfofzurich thewoozacademy icicibank doubletop risingwedge jameswolf jameszurich jamesharmonics
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!
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