Date 14.09.2024
Adani Greens
Timeframe : Weekly
Remarks :
1 Previous descending triangle's neckline is current 50% of Fibonacci
2 Forming diamond pattern in-between 50% & 61% of Fibonacci
3 Breakout at 61% + diamond pattern exit
4 Breakdown at 50% + diamond pattern exit
5 Exit after diamond pattern & 50%/61% & exit from fibo circle of 161% extension will generate 30%-40% rally either side without doubt
Regards,
Ankur
Adani Greens
Timeframe : Weekly
Remarks :
1 Previous descending triangle's neckline is current 50% of Fibonacci
2 Forming diamond pattern in-between 50% & 61% of Fibonacci
3 Breakout at 61% + diamond pattern exit
4 Breakdown at 50% + diamond pattern exit
5 Exit after diamond pattern & 50%/61% & exit from fibo circle of 161% extension will generate 30%-40% rally either side without doubt
Regards,
Ankur
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.