(1) Let's study this chart and discuss some of the concepts in classical charting & technical analysis. It is a great chart. https://t.co/eYhQE2QuJ0

(2) Symmetrical triangle formed right below the 200-day average. Breakout took place at the same price level which I call inflection point. When such condition is met, it is a high conviction setup for me.
(3) Breakout took place with a gap opening. This was a clear breakaway gap as explained by Schabacker.

Breakout took place above the 200-day average and it was a change in trend as well. A significant technical development.
(4) Now, a clean H&S top has formed with price testing the 200-day average forming what I call an inflection point. Means: if a breakdown takes place it will be a high conviction signal. A possible change in trend.

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Margatha Natarajar murthi - Uthirakosamangai temple near Ramanathapuram,TN
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.


After removing the sandal paste,day long rituals & various abhishekam will be
https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year


as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.