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

10 Okt 2022

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.

1 Dis 2022

Nota

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

2 Dis 2022

Nota

*Good Example