Nifty: A What-IF Pitchfork !!
Nifty has registered higher-highs and higher-lows pattern, prompting me to draw this magenta upsloping pitchfork. What price does on a revisit to the lower parallel of this fork will reveal a lot about the validity of this pitchfork.
A bullish key reversal bar or hammer candlestick pattern at the lower parallel would increase the reliability and relevance of this fork.
Let's wait and watch until then...
A bullish key reversal bar or hammer candlestick pattern at the lower parallel would increase the reliability and relevance of this fork.
Let's wait and watch until then...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.