Guna1223

Guna1223

Head and shoulder besrish pattern was forming. But should have come down to the green support line consolidate between green and white before taking resistance against white and falling down. Now the white, what should have been a resistance has worked like a support. I call this pattern deviation. So its going to go long. Down swing for formation of head...

Guna1223

Weekly candle looks bullish with an engulf at the bottom. But won't be an easy bullish rally. On the way up from bottom these things happened. 1. Daily candle intercepted by ema15, leaves a wick on Wednesday. (Normal) 2. Thursday saw spike above Wednesday but closed within the highs of Wednesday (smell bears coming in?) 3. Thursday's candle body gets engulfed...