chartpattern
indicator
niftyitanalysis
niftyitlong
trendanalysis
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This is a standard H&S pattern. volume is yet to confirm in my view. if R1 and R2 zone made a breakout than we expect for bullish run as chart pattern suggests.
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So idea here is to calculate risk. understanding fear in the market ATR is an indication of volatility , not direction. A smaller ATR range means low volatility.. tentatively market is consolidating. A larger ATR range means the market is dealing with uncertainty so volatility has increased. you can see the value of ATR on your chart. the value of past...
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