MAHINDCIE - Stong Resistance Zone (Since 2015) has been broken

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⋅ 2022年10月10日午後7時39分

Bull dominance is still required to avoid a false breakout even though Strong Resistance Zone (since 2015) has been broken. If bulls are unable to push the price further higher, the breakout could be fake.

⋅ 2022年12月1日午前6時58分

As we predicted, bull dominance is necessary, and bulls must push prices higher side to prevent false breakouts. However, as we can see, they failed to do so, and we saw false breakouts.
THIS IS VERY FOOD EXAMPLE OF FALSE BREAKOUT

⋅ 2022年12月2日午後4時24分

*Good Example

rajeshsomasundaram18

⋅ 2022年12月18日午後6時10分

Now it seems like the retest and breakout is happening with the decent volume as well.
Could you check the same please?

AfnanTAjuddin

⋅ 2022年12月19日午前6時1分

@rajeshsomasundaram18, you are correct.

b9nk6

⋅ 2022年10月12日午前6時15分

I think your lookout is current

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MAHINDCIE - Stong Resistance Zone (Since 2015) has been broken

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