A possibile Sharp Fall!! - Bearish Butterfly & Broadening WedgeExpecting TVC:USOIL to go for a sharp correction.
Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse.
Got a terminal candle confirmation in the PRZ.
Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be a B-wave in an A-B-C Correction Wave pattern.
AB=CD
BTCUSD Correction wave ( Short-term corrective wave)The ascending channel has already broken and created lower low.
Now it has created 0.786 retracement of AB leg. Expected extensions of AB leg is the target which is cleared in 1 / 1.27 /1/618 and 2 Fibonacci levels.
Please manage your trade with a Stop at C level.
** for Educational purpose only
SGX Nifty Future Forecast in ABCD PatternSGX nifty is showing ABCD pattern where CD leg already have created an Fib extension of 1.272 AB at 13184.
It is already a bullish script now if it is breaks 1.272 level and goes up then it may go till 1.618 and further more 2 in fib level.
So the bullish entry should be above 13184 and Targets are 13622 and 14105.
Now if the script comes down and breaks the Fib extension level 1 of CD then it may gives a Target of 12500/ 12113/ 11836.
Darkesh Sugar Harmonic Bullish Darkesh Sugar is a fundamentally strong stock for short-term investment and this is the great time to invest here... It is on the process of creating a Harmonic ABCD pattern where C point has already retraced to the Fibonacci 0.786 level of AB leg in daily chart.
It has clearly given a target of 34.80/37.20/40.30
incase it goes down we can keep a stop loss of 25.5 for better management.
BTCUSD Probable Retracements and ExtensionsBTCUSD has given the highest move now if it breaks $19000 level( fib retracement level of AB 0.236) then there will be a buying opportunity at $18434 (fib retracement level of AB 0.618) and $18118 ( fib retracement level of AB 0.718) level).
It may target till all the important extensions of AB ( i.e. 1 ,1.272 and 1.618) in USD terms the targets may be $19905, $20307 and $20814 levels.
The Precise 13096 number, 1.27AB = CD Alternate Harmonic!By the observing from left to the right-hand side for AB = CD and 1.27/1.618AB=CD most precise Potential Reversal Zones ( PRZ ) of alternate Harmonic Pattern.
The next important level for, Alternate 1.27AB = CD at 13096 can be used to determine other potential Reversal Points.
1.27 AB = CD 13096
AB = CD was at 12765 and the price slightly crossover it.
1) High Potential to win : (Selling Ran ge of NIFTY)
2) High Potential to win : (Selling level 13086 )
Below Links is my deepest research for you as usual.
The Precious Reversal after AB=CD and now Butterfly Pattern!Precious seen AB=CD pattern o LUPIN. The "B" retraced at exact 61.8% and BC project at accurately 1.168%. After completing this pattern, extreme fall was seen in the price.
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Bullish Butterfly pattern required "B" mid-point 78.6% retracement and The price can fall 1.27.
The reversal can push the price previous level first 938 and 980.
The price an rise near of the range 853 and 846.
AB=CD at 12798 for NIFTY.This defined the 12798 area as critical short-term resistance. It is important to note that the stock reversed after the AB=CD completion point will test. Although the BC projection was an important calculation within the PRZ of the pattern, the completion of the equivalent AB=CD structure was the defining limit. The chart of the price action in the PRZ shows the near-perfect reversal just the PRZ at 12798 nearby expecting...
I outlined that important level is at 12798 a nd Terminal Bar will decide for reversal confirmation.
I have mixed use Breakdown + Elliott Modied Basic Rules...