Romit Hasija 📈
1.1K posts

Romit Hasija 📈
@romit_hasija
Enthusiastic investor, a dad, a husband, a son ⭐️















IMO this is a V-shape recovery... When the last drop that happens with speed (red in my candles), gets 100% recovered with a move the other way also with speed (green candle). In these types of cases, you usually don't get a second side to create a W, the V is the reversal pattern. What confirms the reversal is an eventual retest of the EMAs and this can happen with a retrace or consolidation after the initial move happens and the EMA's hold as support in that consolidation. Therefore my AOI needs to hold now to confirm the downside is over for now (this is a 15min chart so day trading analysis). This is happening on lots of alts too as well as the TOTAL2 chart (Im not saying what that means.... but you can 😜)



















