As expected from 320-325 zone D-leg shall be done, which completes the setup for bullish harmonic pattern our key Support level is 282- which is X-wave low.
Bullish Harmonic Pattern
Larger Picture- As per larger picture -282 is very crucial as it X- Wave bottom & price invalidation level- going below 282- It will spoil the structure.
Trade active
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10:15 Hrs 26th Oct2016
Trading@319
Gap up opening today. Let us hope & pray that BA- reaches upside
This is called awesome Bharati jumps from 338 above to 358 in 3 hrs.
Trade active
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18:41 Hrs 16th Feb2017
Last price@366
Recent High@372
Half Picture completed & other half is left- hope that too gets completed.
Trade closed: target reached
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14:30 Hrs 18th July2017
Last Price@411
Falls exactly from 430- Awesome!
As stated last - picture got completed & fortunate to see 430@18th July2017
Comments
piptamil
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Wishes for this trade Abhishek :))
mkithan
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The current upmove is very risky.....Many buyers likely to be trapped at higher levels
nirav5
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Bearish Gartley on Hourly chart can be a hurdle for smaller time frame. Only if the pattern turns valid one.
WaveTalks
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These patterns are very crazy sometimes they work & at times fail so we have to be very careful every moment -trading is a serious business.
nirav5
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Yes absolutely. I have seen that eventually larger time frame pattern will have an upper hand. I also try wave count or RSI divergence or known Fib levels in order to check the harmonic pattern validity.
Smart-Moneydottrade
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result came positive so hopefully it will trigger it