AB=CD
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...
USD/INR (target 79+): ABCD & Three Drives PatternHere, AC and CE are 0.52 .
BD is 1.27 .
By using ABCD & Three Drives Pattern, USD/INR will test 79 levels in the 2021 year. Afterward, its trend will change. We may see 75 levels as a correction.
Short-term investors can buy here for 74.4 - 76 - 78+ levels. ABCD Pattern shows that the C point is a stepping stool towards the level of 79.44 ( 1.27 retracement level ), and the D point is a reversal zone.
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#adanienterprises #adanient #nifty #nifty50 #niftyfuture NSE:ADANIENT
one find reversal for short this mad bull and even one can short (write) 350CE and 350PE for whole month ( if find extreme find down fall then book PE short and hold CE short ) as pet their trading strategy and sl as per their risk appetite.
#Learn_Apply_Grow
AB=CD bullish pattern in Tata motors-Best time for entry?DISCLAIMER:
Analysis is done for you,trade at your own risk.we are not responsible for any loss.
And....Please like and comment :P
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Tata motors has been showing downtrend in previous sessions and traders are scared
for the loss so there is a so much volatility in volume of the stock.
If you are scared too,your all problems will be solved and you may get a relief :)
So... Tata motors was also showing many bearish patterns before the downtrend.
So if you are holding this stock then you may get a relief for the upcoming uptrend :)
because tata motors is ready for an uptrend!
bullish ABCD pattern is formed where AB=CD with 0.854% fib levels on both sides.
triple bottom in 1D timeframe and double bottom in 1 min timeframe.
it's the best entry time at point D with a upside TGT of 150.
Another idea going to be posted like this.
till then,like and comment :P
EACH CORRECTIVE WAVES are easy visualization, BANKNIFTY!EACH CORRECTIVE WAVES are easy visualization, smaller and bigger correction.
AB = CD is predicted by using Fibonacci retracement where use for support as 22750 to 22260. The correction still exists in the remaining move.
I have also marked RSI bann for reversal points.
MOTHERSON SUMI:- SYMMETRY SETUPMOTHERSON SUMI held the Symmetry Setup & Fibonacci Ratio Support zone around 103.80-100.75.
If support breaks then consider my setup bust.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
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