A fractal is a never-ending pattern repeating a simple process or pattern over and over again at the same degree or higher degree.
7th Oct 2021
Smaller Triangle or Penultimate Wave was seen & published on 7th Oct 2021- "Can Bulls Bounce Back? - The Irregular Triangle"
Can that fractal repeat again? Yes. The Answer is certainly positive because as nature is full of fractals like seashells / clouds / trees etc. In market, chart patterns can repeat.
This is a bigger fractal if unfolds holding above 16800 then Bulls can bounce back again.
----------------------------------------- Possible Reasons for Bounce ----------------------------------------- 200 DEMA (High) Support
"Nifty Bulls have 60% chances / Bears have 40% chances at crucial juncture of 16800 but traders have 100 % chances if you plan your trades carefully. Going below 16800..."
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.