i am still long , booked half at very low price but still holding 50% of price @5924
i am confused about the above pattern , i think its very very bullish , can anyone having knowledge of this particular pattern confirm?
its a downward channel which broken on upside then price came inside and now again gone outside
As long as todays low is maintained we can all continue life normally.
See the breakout of 19th sept. It was completely thrashed the next day... and the market collapsed... breaking the strong daily support of 5800 which was 275 points away... without damaging a single HOD.... but the complete fall was cut short by US shut down (it is a huge news.. happened after 17 years... nothing short of it could save the fall).
Same story is being unfolded currently... lets see what happens.