Plan A - Buy (Only Above 1585) Strictly Buying only above 1585 - Target Upside - 1650 / 1680 / 1700+
Plan B - Sell Later ( If stops in 1710-1725 zone) - Assumption a bearish butterfly harmonic pattern can come into play at the tops once it moves upside
Trade closed: stop reached
⋅
1585 - Stock traded below - we entered close to that level in morning & suggested not to trade if stock goes below 1585
@tradethetip, Cheers! Harmonics. Let's see if it finishes proposed leg or goes out of the path.
PADMAJAMAHESHBABU
⋅
Thank you for your knowledge sharing..............GOD BLESS you...........
pubgdemon23
⋅
how to learn trading like u sir
WaveTalks
⋅
@pubgdemon23, This is the toughest question which I always get to answer. I took almost 14 years to be here so my fair suggestion is you need to start with Edwards & Magee book- stock trends / then John Murphy's book for technical analysis / once you seen all types of analysis then pick which is your favorite & you are getting best bonding. Learn about divergences / learn about Bollinger Bands - refer John bollinger / Check books for candlestick analysis by Steve Nison & so many experts of their field Then slowly & steadily understand which one goes with you or gels with you. Bingo! pick that portion of analysis & do more research. Cheers & Happy Weekend !
javedshaikhtech
⋅
@AbhishekHSinghCMT,
srinivasanchelliah
⋅
Currently the stock is trading above 1585 which means we can buy as per your suggestions. is it correct?? is it short term holding view??
WaveTalks
⋅
@srinivasanchelliah, Yes. Buy only above 1585 & keep protective stops below 1585. Today' low so far is 1583. Just don't hold buy if drops below 1585 else open for upside 1650/1680/1700+
srinivasanchelliah
⋅
@AbhishekHSinghCMT, Thanks for you response.
SHAKYASHUBH
⋅
Hello! can you please tell me from where i can learn this harmonic PRZ strategy!! Because it has 90% success rate!!