Reading Price Action is like solving a puzzle. You have to look at the charts from various perspectives to find out what it is trying to do and when it’s worth pursuing trading. Here’s one case study that will help you uncover this game and how one should go about analyzing a price pattern.
Reading Complex Pattern – TV 18 Case Study
Click on Full Screen (next to audio button)
Here’s TV 18 Chart
Source: Chartalert.com
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purposes. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers
kartks says
Thanks for the analysis. It was a good pick and good learning.
Aditya Podar says
Enjoying the new format Deepak. Helps a lot. Thanks