This is the latest view based on the weekly chart.
gj5es3491
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Sir... I don't know you have seen or not but check price action. When volume is going up in full pressure, price cannot move property. Why ? Anyone have answers?
traderukpro
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@gj5es3491, its a strong resistance, that is why he has given there might be a dip by the bears before any upside happens..
techmental_AK
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@traderukpro, exactly. Thanks for explanation on my behalf
nilesh747
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Great observation. What should be the entry point and target how target calculation is done in this pattern?
techmental_AK
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@nilesh747, hi, once it gives a breakout, we’ll decide about that in a pullback