Nifty Forming H&S pattern
Even though the nifty is showing bullish sign, i would still consider the nifty as bearish due to the MACD negative divergence and the did not give a closure above 50% retracement.
Even though the nifty is showing bullish sign, i would still consider the nifty as bearish due to the MACD negative divergence and the did not give a closure above 50% retracement.