ShreeKrishna

Pattern Identification

NSE:ASIANPAINT   ASIAN PAINTS LTD
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22
One can Start with simple Patterns Identification , few are very easily identified , they are

W - a Pattern Looks Like W shape which is corrective in nature
N- a Pattern Looks Like N shape , which resemble strong ( sharp ) move on second Leg but actually they are an short term corrective move NON impulsive moves
Inverted Patterns of W and N , they are visually can be identified as Invested patterns when seen with the Correction

Again this post is Not Trade Recommendation its Just for Education purpose
Trade closed: target reached: Now you know how it works on real time ,
The one who is weakest in Mind will look for commenting in others Chart with abusive Mentions ,
If you want to be strong in the Market Join Education Course wave.traders@yahoo.com

Comments

Please tell me more about this Education course starting from Mar 2021
+1 Reply
ShreeKrishna rakeshbhootda
@rakeshbhootda, Hello sir , I will be replying your email today , Thank You for your interest , Happy trading
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Please read support level 2372/- not 2337.50
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Sir, I can see 2337.50 as support level. Want to understand the basis of your prediction to touch low of 2303.50 and thus make a N shape pattern. Please elaborate as I am keen to know your perspective.
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ShreeKrishna rakeshbhootda
@rakeshbhootda, Hello the basic method i follow is Wave Analysis , its Researched BY R N Elliott in 1930 , its a Old method that explain market keep repeating it self , I use the same Method to identify repeating patterns and then Post few posts in Trading view social site
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