Decoding the Mystery Behind the Dec 20 Fall - Part 5
5. Nifty Energy -2.68% fall
3Months / Monthly - After a steep rise initially - the sector has reduced the angle of growth - forming an upward parallel Channel with an Embedded Flag Pattern - BO is also done 6 months back
Weekly - Precise Rejection from the Long Term Trendline Resistance. See how beautifully it touches the top of the Green candle and cuts thru this week's Red.
Remember one thing - when each sector faces their Resistance separately the fall is smaller. But when ALL Sectors face their resistances together on same day - the Fall usually is significant. Because this is how big players Orchestrate the fall and due to this "Repeated Human Behavior" the Chart pattern becomes "Predictable and Repeatable"
3Months / Monthly - After a steep rise initially - the sector has reduced the angle of growth - forming an upward parallel Channel with an Embedded Flag Pattern - BO is also done 6 months back
Weekly - Precise Rejection from the Long Term Trendline Resistance. See how beautifully it touches the top of the Green candle and cuts thru this week's Red.
Remember one thing - when each sector faces their Resistance separately the fall is smaller. But when ALL Sectors face their resistances together on same day - the Fall usually is significant. Because this is how big players Orchestrate the fall and due to this "Repeated Human Behavior" the Chart pattern becomes "Predictable and Repeatable"
- Team Stocks-n-Trends
- Telegram: telegram.me/stocksntrends
- Telegram: telegram.me/stocksntrends
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.