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WaveTalks - Market Whispers: Can you hear them?
As discussed in the last idea today - 19th jan 2024 during last hour of trading. Index holded 45550-45600 zone rallied upside towards 45700+ We suggested to have patience & buy close to 45600
In how many trading sessions 47000 can be possible ?
ashokakbari
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GM sir, once you were stopping me to draw this kind of harmonic, you said we should never predict the market like this.. its bearish bat, means if it go there then we can short... but we can't long from this level?.. am it right Sir?
Just to clarify, in trading, especially with harmonic patterns, it's crucial to focus on risk management. While predicting a pattern's completion can guide our trades, it's not absolute & can backfire us as we are guessing the pattern will complete. What if pattern goes against us. Remember, the market has various outcomes, and completed pattern suggests confident moves