Tomorrow on
NIFTY
, if a big green bullish bar emerged from day's opening price (engulfing previous 3 red bars), it will be a Three line Strike pattern, which is a highly bullish pattern with 84% accuracy rate!
However if its a bearish red bar, then it will be a three black crow pattern which will confirm long term bearish phase! See my other posting also on these. The link is given below
NIFTY
, if a big green bullish bar emerged from day's opening price (engulfing previous 3 red bars), it will be a Three line Strike pattern, which is a highly bullish pattern with 84% accuracy rate! However if its a bearish red bar, then it will be a three black crow pattern which will confirm long term bearish phase! See my other posting also on these. The link is given below
Order cancelled:
The big green bar didn't appear. This rules out the possibility of big bullish move in near future. However the other pattern 'Three black crow' (see my other post) may be followed with a considerable bearish phase.
