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AfnanTAjuddin
10 ตุลา 2022 เวลา 19 นาฬิกา 39 นาที

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

คำอธิบาย

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.

ความคิดเห็น

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

ความคิดเห็น

*Good Example
ความคิดเห็น
rajeshsomasundaram18
Now it seems like the retest and breakout is happening with the decent volume as well.
Could you check the same please?
AfnanTAjuddin
@rajeshsomasundaram18, you are correct.
b9nk6
I think your lookout is current
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