Nifty Possible move (AB=CD Pattern)...guys NIFTY form AB=CD pattern keep watch and stay tuned for further updates...
All level mentioned in charts
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AB=CD
MotherSumi finishing AB=CD In weeklyWatching the 260/270 Zone for price action. Downtrend should slowdown. Bullish Candle will confirm the reversal. Till that Fingers crossed.
Crude Oil seems to be heading towards $82 by mid 2018NYMEX:CL1! Monthly Chart: ABCD Pattern on process. (D wave in making). T arget is $72 by mid June 2018. Also it is in safe buy zone = above $50. ( Trading above 0.618 of Fibo retrace of B to C wave). below $41 pattern gets nulled. Do Not to trade.
Hexaware - ABCDOther Details Mentioned In Chart.
Positional View.
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I am not SEBI Registered Financial Advisor.
USD/CAD Technical analysisThe daily chart of USD/CAD has formed harmonic shark pattern AB=CD.
The daily chart has also formed a long engulfing candle.
Also in 4-hour chart a double top pattern has been formed.
So we can expect some profit booking in the counter and a long retracement could be possible.
Avanti Feeds nearing important 61.8% Fibonacci golden ratioNSE:AVANTIFEED If we look @ the monthly chart & apply Fibonacci, Now stock is nearing 0.618 Golden ratio. (1440 zone). So 1 need to watch how this stock behaves @ this level. Given if & only if stock bounces from this important golden ratio zone one can expect stock to reach 4000 in 300+ days or even 4400 (161.8% of Fibonacci extension). But plz do note that just bcz stock is hitting 0.618 zone isn't a blind buy. Stock should show some reversal signs like bullish power candle/ Hammer candle etc..
BTCUSDHello friends;
BTC is having a hard time, it can not show the expected output of the market (I'm not expecting it in the next phase of my BTC analysis.
We reconsider the value of the band of 4500-6000 which is the support channel first.
Supporting this band is support resistance conversion and AB = CD expectancy.
Targets and Stop graphic.
It is slavery that no one can account for. Euripides
My Analyzes are not Investment Recommendations My Personal Studies
BANKNIFTY: "AB=CD" in Progress, FACT & View from Various AspectBANKNIFTY: in ASCENDING Triangle.
Also Harmonic "AB = CD" in Progress
Possible "D" = 26271.80
EXTENDED "D1" = 26506.50 (FIB E 1.13)
EXTENDED "D2" = 26763 (FIB E 1.272)
You can notice Inverted H&S pattern is also there.
Middle line of Parallel channel, can treat as "NECK Line of Inv. H&S"
(though not pointed due to avoid more clumsiness of chart)
Rest plotted & mentioned on Chart.
Disclaimer: Take this information as study/education purpose only.
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PTC INDIA- A Potential Compounder in Making1.Reciprocal Bullish ABCD formation almost complete near the weekly support S1
2.Reversal to be impulsed back to the Median line of the pitchfork according to Price Magnet Theory
3.Several levels including weekly resistances and Fibonacci levels of BCD 0.73% , taking D point in the weekly support S1 , has been taken in correspondence to the pitchfork
4. Bullish Reverse Divergence on RSI oscillator validates the upmove projection
Disclaimer... Invested and averaging down... this is not a time dependent analysis
Not an investing/trading recommendation..
JAIN IRRIGATION DVR on a downtrendNSE:JISLDVREQS BSE:JISLDVREQS
Present scene..
1.The Kumo cloud in the weekly will give temporary support to the falling prices ..
2.The Price action is present between weekly support S1 and weekly pivot
3.The 0.283 arc support
4. Median line of pitchfork , price magnet theory..
5.Fibo support of 0.5BC of the Reciprocal ABCD...
Why crack down expected...
1.The is a small kumo cloud escape zone
2.A Reciprocal ABCD is expected to form
3.Expanding wedge
4.The 0.382 arc is the actually support arc waiting...
5.Price failure theory if andrew pitchfork
6.Bearish Divergence
The downside is expected to halt at the green 0.382 line of the pitchfork , which also completes the reciprocal ABCD formation and is the 0.618 support arc, also validated by the 0.786BC of the reciprocalABCD and weekly support S2..
And as this is a bullish reciprocal ABCD , a upmove is expected to start after the downside , whose primary resistances can be expected to be at 0.382DC and 0.618DC respectively....
Disclaimer... this is not a time dependent analysis....No current investment
This is not an investing/trading recommendation....
Bitcoin on Death Row- Downtrend Prevails1.Descending triangle in formation
2.Price play at pivot
3.20hr resistance band of kumo cloud will resist uptrend heavily
4.Another touch of the triangle upper trendline expected
5.a volume backed breakout expected
6.this triangle is a continuation pattern so downtrend prevails
7.Downtrend follows the fibonacci where the primary fibo ratio of 0.618 is considered the first big support in the play
8.Or the trend may follow as AB=CD where the pattern completes at the 0.886 support level
Disclaimer.. Not an investment/trading advice..
A relief Rally in BTC !BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD Sorry, this was a late idea published as net connection was too slow to publish, i have been scalping the price since the cypher..
Now the plan is, as the bat that has formed mainly in the 5min time frame and has completed its effect , i expecta bounce from the ichimoku kumo cloud soon and to go grossly as the pathway described.....
Their can be more harmonics coming on the way as there is significant volatility...
But i expect the over all trend to do a bearish AB=CD..
Disclaimer... this si not a trading /investing advice..
will update the bat below in 5mins frame...
A relief rally possibility in BTCUSDThe game changed when the falling wedge broke out , followed by a bullish cypher, the first bullish pattern in the chart..
Now in the shorter time frame there is a bearish bat which seems to be forming..
If the formation i complete i expect a throw up to the first resistance level as marked...
The whole strategy is supported by a bearish ABCD in the background...
Disclaimer... not a trading/investing advice