volume is decreasing on the rise
manojborle Well-Known Member Apr 9, 2013 #54 Apr 9, 2013 #54 First leg down over, looks like 2nd leg down will break the trendline
manojborle Well-Known Member Apr 9, 2013 #55 Apr 9, 2013 #55 2nd also over but missed entry as it formed an outside bar
manojborle Well-Known Member Apr 9, 2013 #57 Apr 9, 2013 #57 Rising wedge formation in progress, first push up over and now 2nd push up in progress
manojborle Well-Known Member Apr 9, 2013 #58 Apr 9, 2013 #58 So trendline is broken now third push up is remaining and short will be active above 5622.4
manojborle Well-Known Member Apr 9, 2013 #59 Apr 9, 2013 #59 Trendline break should be followed by the test of trend extreme ie. 5622.4
manojborle Well-Known Member Apr 9, 2013 #60 Apr 9, 2013 #60 manojborle said: Trendline break should be followed by the test of trend extreme ie. 5622.4 Click to expand... either by a higher high or lower high
manojborle said: Trendline break should be followed by the test of trend extreme ie. 5622.4 Click to expand... either by a higher high or lower high