Reversal chart pattern is forming, after the formation of inverse head and shoulders the market is expected to move up a bit to 2036.67 before it continue it's journey to the downside. So for now we wait for conformation then we long.
Looking at the chart and according to the technical analysis I did last Sunday you can see clearly that the market has broken outside the falling wage and we are waiting to see if it will be strong enough to break the previous support then we will be looking for by opportunity
I am just a newbies trying my way out of the market, so I just want to share this my analysis for a quick buy for you guys to check and let me know if I'm right. Looking at the chart pattern I Mark out we can see a very clear falling wedge from an uptrend which indicates a reversal chat pattern. For me seeing a significant Breakout to the upside I think the...