IS BPCL REV. after Bullish CYPHER or Corrected as Bullish SHARK
Is BPCL: @ 667.15 REVERSED after Bullish CYPHER or REVERSED after Corrected to form Bullish SHARK.
AS OF NOW "Bullish CYPHER", not Fulfilled all the Criteria, But Nearer.
Here is Criteria Comparison:
Bullish CYPHER (Colour GREEN)
B = 0.382-0.618 of XA, Here 0.548 Criteria Fulfilled.
C = 1.272-1.414 of AB, Here 1.234 Criteria Fulfilled.
* D = 1.618-2.618 of BC, Here 1.279 Not so Essential.
D = 0.786 of XA, Here 0.736
Point "D" should be 657.35 to Fulfill Criteria.
But the Question Arises:
EITHER REVERSED or Some More Correction to COMPLETE another HARMONIC Pattern "Bullish SHARK"
Here is Criteria Comparison to be "Bullish SHARK" & Projected REVERSAL Point.
Bullish SHARK (Colour Orange-Dark RED)
* B = 0.382-0.618 of XA, Here 0.402 Not so Essential.
C = 1.13-1.618 of AB, Here 1.234 Criteria Fulfilled.
D = 1.618-2.24 of BC, Here 1.279 Criteria NOT Fulfilled.
D = 0.886-1.13 of XA, Here 0.736 Criteria NOT Fulfilled.
IF Point "D" = 635.45, THEN
D = 1.618-2.24 of BC, Should be 1.618 Criteria Fulfilled.
D = 0.886-1.13 of XA, Should be 0.965 Criteria Fulfilled.
Who will Answer?
#1. Can Indicators have Answer?
#2. Can OPEC output Cut Decision Have Answer? (related to CRUDE Price)
& many more Factor.
Technical INDICATOR does not Show REVERSAL Just NOW.
Strategy: Accumulate Till @ 640 - 635 Level (as because High Probability to be a Bullish SHARK).
Swing / Short Term levels will be Updated later.
PS: If you like Ideas/Analysis, please Like/Share & keep motivated.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor. Don't follow Strategy tester, as it might not work properly.
AS OF NOW "Bullish CYPHER", not Fulfilled all the Criteria, But Nearer.
Here is Criteria Comparison:
Bullish CYPHER (Colour GREEN)
B = 0.382-0.618 of XA, Here 0.548 Criteria Fulfilled.
C = 1.272-1.414 of AB, Here 1.234 Criteria Fulfilled.
* D = 1.618-2.618 of BC, Here 1.279 Not so Essential.
D = 0.786 of XA, Here 0.736
Point "D" should be 657.35 to Fulfill Criteria.
But the Question Arises:
EITHER REVERSED or Some More Correction to COMPLETE another HARMONIC Pattern "Bullish SHARK"
Here is Criteria Comparison to be "Bullish SHARK" & Projected REVERSAL Point.
Bullish SHARK (Colour Orange-Dark RED)
* B = 0.382-0.618 of XA, Here 0.402 Not so Essential.
C = 1.13-1.618 of AB, Here 1.234 Criteria Fulfilled.
D = 1.618-2.24 of BC, Here 1.279 Criteria NOT Fulfilled.
D = 0.886-1.13 of XA, Here 0.736 Criteria NOT Fulfilled.
IF Point "D" = 635.45, THEN
D = 1.618-2.24 of BC, Should be 1.618 Criteria Fulfilled.
D = 0.886-1.13 of XA, Should be 0.965 Criteria Fulfilled.
Who will Answer?
#1. Can Indicators have Answer?
#2. Can OPEC output Cut Decision Have Answer? (related to CRUDE Price)
& many more Factor.
Technical INDICATOR does not Show REVERSAL Just NOW.
Strategy: Accumulate Till @ 640 - 635 Level (as because High Probability to be a Bullish SHARK).
Swing / Short Term levels will be Updated later.
PS: If you like Ideas/Analysis, please Like/Share & keep motivated.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor. Don't follow Strategy tester, as it might not work properly.
Trade active:
LTP @ 655 (At 9.49 AM on 21/06/2017)
Criteria for Bullish CYPHER Fulfilled
Criteria for Bullish CYPHER Fulfilled
More Accumulating Zone.