The M chart pattern is a reversal pattern that is bearish. It is also called the double top pattern. This pattern is created when a key price resistance level on a chart is tested twice with a pullback between the two high prices creates a price support level zone.
An evening star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It is a bearish candlestick pattern consisting of three candles: a large white candlestick, a small-bodied candle, and a red candle.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs. The inverted hammer is a type of candlestick pattern found after a...
The inverted hammer is a type of candlestick pattern found after a downtrend and is usually taken to be a trend-reversal signal. The inverted hammer looks like an upside down version of the hammer candlestick pattern, and when it appears in an uptrend is called a shooting star. A double top is an extremely bearish technical reversal pattern that forms after...
pin bar at downtrend so reversal sign if cross high then bullish
If Sustain Above 38000 And Cross Pdh Then Next Resistance 38500 & If Sustain Belove 38000 And Cross Pdl Then Next Suppot 37500.
banknifty broke support of ema 9 and taking support of ema 21