In continuation to my Nifty update posted on 27th Feb, I'm getting inclined towards Scenario 1 mentioned in the update and the Alternate count mentioned in it, that we could be in Wave 2 (Wave count marked in Red) of a very large Wave A correction (NOT depicted on the chart).
If we zoom into Wave 2 , it's unfolding as an irregular A-B-C pattern (Wave...
Focusing on the entire range of the PRZ(14100-14188) . However, the price falling, therefore our next target 2AB = CD 14188 and BC projection 14128.
Short sellers should be very careful at Potential Reversal Zone if the tail is detec ted.
I hope that you have checked out my previous nifty...
Plan A
Strictly Buy Above 55 - Target 60/61
Plan B
Sell At the Tops in PRZ (Potential Reversal Zone) & Channel Top
Sell only if stock halts in 60-62 zone post achieving upside target from plan -A
Thanks & Good Night!
There are multiple harmonic patterns in Gold, bullish ones
SL and Target mentioned in the chart
For ones who trade in gold may be a good opportunity
For Traders who trade in the Indian index Nifty / Bank Nifty, they may take a cue from this as Gold and the Indian index are usually inversely proportional.i.e., if gold increases nifty decreases and vice...
The harmonic pattern is showing the price reversal zone of XRPUSD is between $ 0.61 to $ 0.64.
Minimum target of $ 0.44
This is a Bearish Harmonic Bat Pattern.
