Butterfly Harmonic Pattern at 425 lows-9th Nov2017 - Above 445 for 450 - above 450 for 455 & finally above 455 to 463 - Keep trailing as you move upside.
Trade active:
11:27 Hrs 10th Nov2017
Last Price@427
Double Bottom - Did you pick the motors - risk was almost zero.
Last Price@427
Double Bottom - Did you pick the motors - risk was almost zero.
Trade active:
11:55 Hrs 10th Nov2017
Last Price@424
If lost 2 points below 425-426 Double Bottom as expected. Do not hurry up in trade - Wait for sometime.
Last Price@424
If lost 2 points below 425-426 Double Bottom as expected. Do not hurry up in trade - Wait for sometime.
Trade active:
12:15 Hrs 10th Nov2017
Last Price@422
Try to pick Motors only once it crosses back 425 again on upside.
Last Price@422
Try to pick Motors only once it crosses back 425 again on upside.
Trade active:
12:28 Hrs 10th Nov2017
Last Price@421-422
Butterfly has been modified & taken with lower boundary@161.8% which is allowed for PRZ (Potential Reversal Zone) - Also Channel is fitting this butterfly well. Looks like Butterfly in the frame. When something like this fits - you feel more confidence.
We could be near to the bottom but will allow markets to move first & show its intent then we move later.
Last Price@421-422
Butterfly has been modified & taken with lower boundary@161.8% which is allowed for PRZ (Potential Reversal Zone) - Also Channel is fitting this butterfly well. Looks like Butterfly in the frame. When something like this fits - you feel more confidence.
We could be near to the bottom but will allow markets to move first & show its intent then we move later.
Comment:
12:45 Hrs 10th Nov2017
Last Price@422.85
Making its 1st Attempt upside.
Last Price@422.85
Making its 1st Attempt upside.
Trade closed manually:
13:13 Hrs 10th Nov2017
Last Price@422
Channel likely should hold & moving above 425 shall confirm the upside move.
Take Care.
Last Price@422
Channel likely should hold & moving above 425 shall confirm the upside move.
Take Care.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Last Price@425
Likely it is close by so it always weeds out the trader at bottoms.