MAHINDCIE - Stong Resistance Zone (Since 2015) has been broken

Oct 10, 2022

Bull dominance is still required to avoid a false breakout even though Strong Resistance Zone (since 2015) has been broken. If bulls are unable to push the price further higher, the breakout could be fake.

Dec 1, 2022

Note

As we predicted, bull dominance is necessary, and bulls must push prices higher side to prevent false breakouts. However, as we can see, they failed to do so, and we saw false breakouts.
THIS IS VERY FOOD EXAMPLE OF FALSE BREAKOUT

Dec 2, 2022

Note

*Good Example