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Siddharth69
About me I am a beginner who just started learning the technical analysis. But apart from the tag of newbie I am learning quickly and I want to be an ace in it!
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Chances of false breakout
KIRLFER
, 1D
KIRLFER: Chances of false breakout

There are chances of false breakout here. As the indicators are showing a buy call but the chart is forming a double top and also on the verge of forming the third top which will consequently show a fall in the chart. But I am expecting a false breakout which will eventually turns out that the chart will form another pattern irrespective of double top.

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