ICICIPRULI: Inverted Head and Shoulders Breakout - Retest Strategy
ICICI Prudential Life Insurance Company (ICICIPRULI) has completed an inverted head and shoulders pattern, signaling a potential bullish reversal.
Key Points:
Pattern: Inverted head and shoulders completed on the long-term chart.
Neckline: Former resistance at 605, now broken.
Left Shoulder:...
On the Hourly time frame of Copper, I have noted the following indications.
1.The downward momentum has been waning.
2. There is a Bullish divergence on momentum with each Lower lows.
2. We can see a clear inverted H&S pattern on joining the previous highs.
4. Now, there is a breakout and retest of the downward trendline with a volume increase during the...
