publishing herewith a classical example of price following multiple patterns using nifty monthly chart
last Oct'22 marked Feb'23 in my chart but in Nov'22 price opened above the Pattern it started as support but got rejected by the trend line on 01/12/22 again took support on a curve line but again rejected by another trendline on 01/01/2023 again took support at curve line and so on
last Oct'22 marked Feb'23 in my chart but in Nov'22 price opened above the Pattern it started as support but got rejected by the trend line on 01/12/22 again took support on a curve line but again rejected by another trendline on 01/01/2023 again took support at curve line and so on
Nota
Feb'23 was the intersection point of close of the previous dozi and the curved line,Nota
my humble request try to understand the patternNota
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.