Nifty has registered higher-highs and higher-lows pattern, prompting me to draw this magenta upsloping pitchfork. What price does on a revisit to the lower parallel of this fork will reveal a lot about the validity of this pitchfork.
A bullish key reversal bar or hammer candlestick pattern at the lower parallel would increase the reliability and relevance of this fork.
Let's wait and watch until then...
A bullish key reversal bar or hammer candlestick pattern at the lower parallel would increase the reliability and relevance of this fork.
Let's wait and watch until then...