#Bitcoin Daily based chart movement as per #Elliott #ImpulsiveWave & #CorrectionWave Pattern, whereas their price up-down zone as per #FIBretracement is Highest Point at FWB:31K & Lowest Point of $15.5k up-to 27 June 2023 max. All Analytical views, dates and zone displays in chart, as well as #DYOR too.
Chart Patterns insist me the above titled opinion REASONS 1. BhartiArtl has been trading inside a Ascending channel pattern(bright red & green trendlines )and right now down swing move is under process(in the form of descending channel) 2. In the weekly time frame , it looks alike a Bearish pennant formation and given breakdown out of...
infosys had formed DOUBLE TOP in the last few weeks and had finally broken it and reached the target The double top was formed alongwith the wedge pattern which was earlier mentioned
JUBLINGREA has been in parallel channel since Apr 2021. Too much tape noise on this stock.
Parallel Channel since the top was formed. expect more selling pressure
one more try with near below 17800 and sl at 17900 on future.
Attached: BSE Capital Goods/ BSE Sensex Daily Chart as of 13th April 2023 The Ratio Chart has given Warning Signals of what is about to come for the Capital Goods Sector, the Warning Signals are as follows: 1) A Broadening Wedge Pattern (see the Blue Trend Lines marking the Pattern) 2) A Double Top formation within the Broadening Wedge Pattern (see the Red Curve...
Guidelines for Bearish Cypher: 1. The AB leg moves higher to retrace the XA leg. This retracement should bring prices to the 38.2 to 61.8 percent level of the XA leg. 2. The BC leg moves lower, takes out the swing low at point A, and terminates between the 127.2 and 141.4 projections of the initial XA leg. 3. The CD leg moves higher and terminates near the...
Attached: Nifty 50 Hourly Chart as of 25th April 2023 EOD A Leading Diagonal in form of ABCDE in Wave 1/ A and then a Pullback in Wave 2/ B And Now the 3rd Wave/ C Wave has started Targets for this Wave Down are anywhere from: 17600 to 17340 Note: Alternatively the Leading Diagonal could also be Wave 4 and 5th Wave is complete and so Wave 2 can Dip down to...
Chart patterns just impressing me with the title stated above. Reasons : (with respect to weekly time frame) 1. Crompton is travelling(and respecting) in expanding triangle pattern. 2. Now, there is bearish flag formation and given breakdown with volume (shown in chart). 3. Breakdown candle is a bullish engulfing candle. 4. Purple line(315 level) can be...
Attached: Cummins Daily Live Market Chart as of 13th April 2023 Price has put in a Clean Head & Shoulder TOP Pattern and the Breakdown & Retest of this Pattern is also done Currently Price is Moving Down to meet its 2 Targets Downside Targets: T1= Gap Fill Area @ 1475 T2= 1360 As long as Price holds below the 20 Day SMA (1615 presently), this Stock is a SELL......
Chart patterns insist me the above titled opinion. Reasons 1. Muthoot finance has been travelling in a expanding triangle pattern from 2015. 2. Till now, its respecting the pattern by taking support and resistance at perfect levels. 3. Currently it is in downswing inside the pattern. 4. It may take take support at the Major support (GRENN LINE 800 LEVEL )...
Trent looks bearish below 1350 CHASRT makes a pattern or fallin wedge below 1350 it look bearish trent was trying to make this pattern from 23/Dec/2022 successfully make this wedge stock was trying to break at upper level on 03/Apr/2023 but it was a fake breakout Or we can say bear get active Below 1350 level new seller try shot just view consult your...
S&P500 reaching an important resistance, if it breaks here the market will go for 4330. In the bearish scenario I see greater probability. We have the formation of a complex sell pattern, the resistance from 4145 to 4150 and we have the VUMANCHU oscillator for 4 hours giving bearish divergence. No wonder BTC is also at a top. The moment is decisive for...
Hi guys, In this chart i Drew My Best Levels in COAL INDIA for short position using 15M Time frames....I am in a downtrend right now so shorting is better, I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart...
Attached: NDQ Daily Live Market Chart as of 20th March 2023 - Price has triggered a Bearish Anti Butterfly Harmonic Pattern - Price has also broken Previous Day Low with Previous Day being a Doji Candle - And this Sell Off today comes after a Run up which is potentially a False Breakout from a Bull Flag - The saying goes like, "From False Moves come Fast Moves in...
Chart pattern insist me the above titled opinion Reasons 1. BEL is in formation of a Inverted Cup & Handle (Handle in progress) 2. Lower high and Lower low formed (confirming bearishness) . 3. Gap b/w 15th & 16th Day candle can act as Strong resistance. 4. Target & SL levels mentioned @ Chart. 5. BEL may take support @ Green trendline (Major Support...
According to the 1D chart, it appears that the market is currently trading within a range, and there is a high likelihood that a drop in price will occur in the next few days. Market is being manipulated by market makers to liquidate new traders and earn profits from their losses. Therefore, it is important to not be deceived into thinking that the market is...