After Resistance breakout, resistance becomes support, retest the levels.
The pair ratio was consolidating for 3 years (Nov'16 - Oct'19) in the range of 3.899 - 5.030 It broke down in Oct'19. 161.8% retracement of the above consolidation was at 3.201. The ratio made failed attempts to breakdown below this level, only to revert back to 3.899. The ratio has again reached (almost) the same retracement level of 3.201, with RSI making higher...
It has activated a C Clamp which suggest a retracement till 1860 is probable, which is also a resistance in weekly/monthly time frame. The level also tallies with a retracement of the monthly bullish harmonic pattern as well as with a probable bearish pattern near it in lower time frame. Two studies suggesting indentical resistance ahead!
Bank nifty retraced by Fibonacci to its 0.618 level. the high is touch on retracement level. May be bank nifty continue its trend. same achive its target on Head and shoulder pattern. on down side.
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Retracement and Reversal decoding the price movement. Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top. Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom. For more details check out * 2G(with Green Dot) and 2R(with Red Dot) also occur
Displaying 2G near the TOP and 2R near the Bottom makes Retracement and Reversal so special. Retracement and Reversal Never Predicts. Keep Watching. Keep Trading.
Retracement and Reversal Ver 1 does it again. Awesome. For more details - See For Shorter time frame, it was Awesomely Awesome. note the location of 2R
This time, 2R shows exactly where it should... :-)
Beautifully Finds TOP @ 1325 and marks it with 2G in Multiple Level Retracement.
* Retest of breakout * 61.80% Fib retracement