Aksh opti fibre…
at a decision point
[the 3 black crow candle pattern/3 identical crows is not classical in the fact that the first candle was of a slighly smaller spread than the other 2, but since it was coming down from an upthrust and high volume, i would comfortably call it so, as the underlying sense of the pattern seems to be working, the following demand bar even failed to make a higher high on good volumes]
there has been no show of significant demand after the downswing…
in the daily picture… its more of a equivocal picture, although the supply seems to be dominant enough to emit upthrusts , but the higher low formation tips the scale away from the bears a bit, the support trendline although broken, the price forma very small spread candle at a support level…
new few sessions should be vital in deciding the trend
disclaimer… no current positions