BEML has just bounced off the base line support of the Bullish bat that is shown on the pic, on the monthly charts with targets of 2000 in the next few candles. The right wing is fractured though, that's why it is off on the calculations for the validity of the pattern. this is not taken into account, considering the selling mentality associated with the bear...
Bearish BAT pattern is under formation on hourly chart in JSW steel which may take it to 320 level. leg XA, AB & BC is formed and leg CD is under formation. To be a valid BAT pattern , Point D should end at 320 which is 0.886 extension of XA and then downward movement should start. Disclaimer : This is for education purpose only.
After long time bearish here iam seeing bullish harmonic partten took entery for your long position at 0.886 level.. Open your Bitmex Account for future trading :https://www.bitmex.com/register/G2MBZ2
the chart structure suggest something positive in the company on the way , if am able to read it right 80 is not a surprising task for the stock in next 7 sessions ...
Technical analysis: . BasicAttentionToken/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . The price downtrend and the RSI downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading...
Technical analysis: . BasicAttentionToken/Bitcoin is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a...
Technical analysis: . Basic Attention Token/Binance Coin is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01470 to 0.01270). if so, traders can set orders...
10:57 Hrs 8th Oct 2018 Last Price@10345 Harmonic Bearish Bat Can push & make it fall below day low@10200 PRZ - Potential Reversal Zone is 10435 - 10450 - If Nifty gets resistance in the PRZ shown then be ready to take sell for 10290-10200-10150 No selling trades above 10450 mark.
13:06 Hrs 26th Sep 2018 Last Price@11015 Hello Readers Recent Low @10993 Pardon me for saying wrong figures over the video at 7:17 & 7:35 length of the video. Key Zone Mentioned only one important support zone in the video - 10975-11000 zone Magical Zone Critical zone 10900 - 10925 (Not mentioned over the video) Trading Strategy Buying in...
The 30 minute chart of dollar index has formed a bullish bat pattern. So, It is expected to be bullish for short term.
LEVELS MENTIONED IN THE CHART. Disclaimer: It is very important to do your own analysis before making any investment based on the chart mentioned here. Trade wisely!