Trade only on break of Flag & pull back in that area. Predict SL & Target yourself. Hit Like/share & follow for more educational contents through this superb Trading View platform ...............
Watch out ... CRUCIAL level .. if SUSTAINS 1401 might trun bullish... For TGTS of 6-9-12-15-19 points.
As a Professor of Strategy, and hence a fundamental analyst with a passion for technical analysis, I start with a disclaimer. I have no personal stake or interest in Gold. I share my analysis. Technically : Great buy for delivery - Gold has beautiful and solid support, it will rebound and touch new highs around 2000 in about 2-3 weeks. I suggest delivery as...
Educational Purpose.
It has formed a Bearish Harmonic Gartley which coincides with the Weekly/Monthly Ichimoku resistance alongwith highest OI in 200CE, It could retest 175/165. View negates above 196
As per the pattern, dollar might show a steep rise (60-85° angle) in near future. As per the known situations, in long term dollar may face a sharp fall but before that if the pattern breaks out on chart, dollar can witness a sharp bullish rally for a short term. This explanation is only for educational purpose and isn't any kind of recommendation. Don't take...
HDFC BANK is forming a long inverse pattern which again suggests hdfc looks for greating shorting purpose. Its for learning purpose. But its very likely to fall below to follow and respect the pattern