It has entered into the PRZ of a Bearish Harmonic Butterfly suggesting a pullback/reversal in daily time frame till 340/335. View would negate above 370
Harmonic Butterfly Patterns usually indicate pullbacks of the larger trend (in this case the same being up) not major reversals. Such patterns are usually associated with breakout patterns and respective pullbacks.
New traders often train their eyes to find a perfect pattern, in this process they often miss the trades. This fact goes with all the patterns and not only head and shoulder. So we never find good perfect patterns? We do find often. But you do not have to focus on finding a perfect pattern, you have to focus more on risk management and winning ratio. Once you...
In this chart,
Price is making a particular range and this is the example of range trading strategy.
We can take entry when price breaks the range and PRICE close above or below the Range.
I will make study so Trader can use and take profit from this Strategy.
This may give a breakout above 219 from the ascending triangle consolidation
THIS IS NOT A TRADING IDEA
EDUCATION ONLY
I AM A LEARNER and may be TRADING AS WELL
THIS IS NOT A TRADING IDEA
USE THIS ONLY FOR EDUCATION
I MAY OR MAY NOT BE TRADING
This chart is showing signs on growth
The P/E is very attractive and one may invest in this
Check the fundamentals for yourself and see if you want to go ahead
THIS IS NOT A TRADING IDEA
USE ONLY FOR EDUCATION
I MAY OR MAY NOT BE TRADING IT
ASHOKLEY - Shooting star suggests selling pressure but overall chart patter is good and as long as the lower trend line is not broken stay long put an alert below Nov 20 low
SRTRANS - TFD BO given at 796 on ascending triangle and now sitting in positive channel check levels on...
THIS IS NOT A TRADING IDEA
USE IT ONLY FOR EDUCATION
I MAY OR MAY NOT BE TRADING THIS
SRTRANS gave triangle breakout at 796 and is now sitting in positive channel T1 1039
