Nifty Entry ,Exit ,Target levels with Median Line Charts

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Kavima

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#604
#604
timepass said:
But the green channel does move outside the lower orange line. That won't be considered as pitchfork break ??
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Orange channel is the main channel projected from the reversal of trend and price has been moving within the channel. The light green channel is drawn with the recent swings ,resulting in an upsloping PF ,indicating the uptrend is still intact.Here price has been seen moving sideways in the upper channel ,so a consolidation with the high probability of breakout..
 
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