Power Patterns of Price Action

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Power Patterns of price action in Railtel
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If you observe the chart 165 price range is acting like an FTR and now price came down again to that level and is sustaining at that level might indicate FTB formation..... institutions might be filling their orders ... so conceptually price might rally again beyond all time high 190

disclaimer : just for educational purpose only
Chart PatternscompressionFTBFTRTrend Analysis

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