Expecting price to consolidate in the PRZ region and go for a correction. Possibilities of a Bearish Wolfe Wave formation exist.
Will wait for price action at 205-206. Bearish Wolfe wave and Bat pattern suggest good short around this zone.
Banking stocks are looking bullish. Bank Nifty has corrected itself and now in the support zone , will see a upmove from here. During BankNifty fall, HDFC bank has made a bearish bat pattern... Completion of bearish BAT followed by a falling wave. It is near the strong support zone of 1070-80s of recent months, Scrip can move up quickly from these...
Nifty structuring a Bearish harmonic pattern Price Reversal Zone-11419-11452 Target 1-11371 Target 2-11354 Stop Loss- 11460 We have a sell zone and harmonic reversal, which a double confirmation for sell side.. Wait for the reversal formation near our levels..
I hope you can now see how the GC1! represents an excellent Bearish Bat low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be...
Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...
I hope you can now see how the ICICIBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no...
Bearish Bat, can look tp short at PRZ
ITC gapped up above the Harmonic PRZ and then retested it from the other side successfully.
Bearish bat appearing in Nifty 50. Price already entered PRZ. R2 Around 9550. We need to look for signs of reversals (if any) between 9480 and 9550. Trade only if strong signal bar appears as currently Nifty trading in a strong bullish momentum. ** Study only for educational purposes, do your own risk assessment before trading **
Please note that the patterns shared are only for educational purpose.
According to technical analysis, airtel is bearish. we shorted at 5689. the important thing is the proper risk-reward ratio which you can see on the chart . and if a trade goes against us we will go long ( after checking volumes). Another important thing to keep booking some profits.
Tata steel weekly chart has a probability of Bearish Bat pattern. Currently stock is trading near its prz zone. Keep an eye on price action near that zone. Harmonic Prz zone also coincides with downsloping trendline and .382 Fibonacci ratio level Near term support is 430 and major support is 490 levels.
AS WE CAN SEE W PATTERN IS COMPLETED AS MENTIONED IN CALLOUT AS DOUBLE TOP MARKET FALLS AFTER THIS PATTERN ONCE HORIZONTAL LINE AS MENTIONED WITH CALLOUT BROKEN ON CLOSING BASIS IN 30 MINUTE CANDLE GO SHORT WITH TWO TARGETS AS MENTIONED WITH ARROWS GOOD LUCK NOTE: FOR EDUCATIONAL PURPOSE ONLY NO ADVICE GIVEN
Bearish Bat Setup in Hindalco. Entry is around 205-206 with a stop of 208.5 for target of 193-190