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
Nota
Feb'23 was the intersection point of close of the previous dozi and the curved line,Nota
my humble request try to understand the patternNota
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.