Classical example of price relation with a pattern "Nifty"
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publishing herewith a classical example of price following multiple patterns using nifty monthly chart
last Oct'22 marked Feb'23 in my chart but in Nov'22 price opened above the Pattern it started as support but got rejected by the trend line on 01/12/22 again took support on a curve line but again rejected by another trendline on 01/01/2023 again took support at curve line and so on
last Oct'22 marked Feb'23 in my chart but in Nov'22 price opened above the Pattern it started as support but got rejected by the trend line on 01/12/22 again took support on a curve line but again rejected by another trendline on 01/01/2023 again took support at curve line and so on
Note
Feb'23 was the intersection point of close of the previous dozi and the curved line,Note
my humble request try to understand the patternNote
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