Long
TDCX Analysis
Price is on a downtrend. We have the first sign of a change of character with volume increasing but the price is unable to push lower. Subsequently, we see price pushed higher strongly on 12 August. We could be looking at the start of a Wyckoff accumulation schematic with the selling climax in place. I'm expecting price to go higher to mitigate the bearish POI at 8.56 next.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.