Индекс Nifty 50Короткая
Bearish ascending wedge pattern in NIFTY 50
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Chart wise, it is fast approaching the edge of the wedge and it can either rebound from the lower channel or breaks down and heads further south. I think a stronger pull back is necessary for now.
Chart wise, it is fast approaching the edge of the wedge and it can either rebound from the lower channel or breaks down and heads further south. I think a stronger pull back is necessary for now.
Заметка
Don't underestimate the channel. You can still make thousands of dollars if you know how to trade this pattern. Let's see what happens next.Заметка
bloomberg.com/news/articles/2020-05-10/india-reopens-economy-but-millions-of-workers-stay-home?srnd=premium-asiaif you extend the wedge pattern, you can see the price has already turn bearish on 4 May 1145 hours.
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