Reliance : Cat on the Wall.. Indecision at Trend Line.
Long Legged Doji at Trend-line signifies indecision.
The next candle will determine the move. Either Upside or Downside.
If the next candle is Green .. go for long otherwise short.
In my opinion, the RSI is now at 38, so I will go for a long now, and incase if there is a dip, I will buy again to average.
The next candle will determine the move. Either Upside or Downside.
If the next candle is Green .. go for long otherwise short.
In my opinion, the RSI is now at 38, so I will go for a long now, and incase if there is a dip, I will buy again to average.
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