This is an updated chart of NIFTY 50 (with reference to my previous chart)
Upside gap two crows
16 April 2020: It was a candle. (Continuing the bull trend)
17 April 2020: Gap up opening but ended the day with a pattern.
20 April 2020: Opening was at 9390, i.e more than closing of day 2. It made a pattern.
22 April & 23 April 2020: Gap was filled (I referred it as retracement in my previous post)
24 April 2020: pattern
Formation of pattern
R1 & S1 are short term . (Based on Fibonacci)
Trends look negative in the short term.
No. The trend is still negative. There might be some adjustment error.