MAHINDCIE - Stong Resistance Zone (Since 2015) has been broken

설명

⋅ 2022년 10월 10일 오후 7시 39분

Bull dominance is still required to avoid a false breakout even though Strong Resistance Zone (since 2015) has been broken. If bulls are unable to push the price further higher, the breakout could be fake.

코멘트

⋅ 2022년 12월 1일 오전 6시 58분

As we predicted, bull dominance is necessary, and bulls must push prices higher side to prevent false breakouts. However, as we can see, they failed to do so, and we saw false breakouts.
THIS IS VERY FOOD EXAMPLE OF FALSE BREAKOUT

코멘트

⋅ 2022년 12월 2일 오후 4시 24분

*Good Example

코멘트

rajeshsomasundaram18

⋅ 2022년 12월 18일 오후 6시 10분

Now it seems like the retest and breakout is happening with the decent volume as well.
Could you check the same please?

AfnanTAjuddin

⋅ 2022년 12월 19일 오전 6시 1분

@rajeshsomasundaram18, you are correct.

b9nk6

⋅ 2022년 10월 12일 오전 6시 15분

I think your lookout is current