[India] Mystery Chart 08-26-2019
August 27, 2019
To us, this looks like a potential rounding top pattern setting up for its third test of support. While this top doesn't confirm until prices decisively break their recent lows, prices making lower highs and lower lows in the near-term suggest a break is likely coming.
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This is not something we'd be buying, quite the opposite in fact. We're watching for a break of support to get short.
What do you think?
Tweet us @allstarchartsIN or email bruni@allstarcharts.com and check back in Thursday to find out why this chart is relevant.
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