Ha ha
The problem with TA is, one can stretch his views to the level, he want to show. One may show only bearish views and other may show only bullish views from the same chart.
Okay, in the above chart a long term TL has broken, but one may find continuance of a new TL in last 4 bottoms (leaving aside one in the middle).
Yes, an H&S is under formation but when it may get negated, no one knows.
So, till 9700 is safe, bullish trend is intact.
kumaravelsingai
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@a1b1, ha ha great bro tis is just my view :) no one know what next to be happen :) but i missed the another trendline and not forming lower low
The problem with TA is, one can stretch his views to the level, he want to show. One may show only bearish views and other may show only bullish views from the same chart.
Okay, in the above chart a long term TL has broken, but one may find continuance of a new TL in last 4 bottoms (leaving aside one in the middle).
Yes, an H&S is under formation but when it may get negated, no one knows.
So, till 9700 is safe, bullish trend is intact.