Pattern Identification ( Now you see what i see )

When price enters in complex correction its become very difficult for analyst to identify the proper turn around using Candlestick charting method

Candlestick charts are good for entry & Exit , and they help you to trail the stop too , but when price is complex there is only one alternative

Go for Noiseless charting , even in noise less charting there are few charting tools which again give a very different view when the scrip is really in deep complexity

for instance , this chart was creating very different view when i viewed it using P & F chart method , Then shifted next to Ranko Fixed range it just turned out to be

like a candy , Yes now you can see what i see , when i saw the repeating of pattern i thought of posting it in Public

One can look for trade on short sell set up in future segment on daily reversal basis , some time these pattern do extend , its better wait for

Complete reversal on daily

Friends i am not a big fan of high five , but surely if you are benefiting by the means of knowledge and earnings hit a like button

Thanks

Comment:

put the stop to profit , there is chance it can make one more move with in the structure , if moves up ignore buy , can wait for sell set up

Trade closed: target reached:

oh my god , we did it , from 770 to 692 , uuuuuuuuhaaaaaaaaaaaaa

all our trading member have made good earnings in this , we closed on sat , we dont know what will happen on Monday as this scrip is very cranky in nature some time it will have Gap up open , so we booked