Butterfly
SHORT AUDJPY BUTTERFLY PATTERNHi, Guys This is deva I looking for new strategy Gartley pattern don't try it's not a confirmation pattern keep watch...
AUDJPY -0.18% Gartley Butterfly pattern keep watch
If move down SL: 50PIPS
TP: 81.730
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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Quick gains off Nifty Infra Bullish cypher with bullish divergence, a sweet spot for a blast..
Also the D point is cushioned in ichimoku kumo clouds and presently at pivot..
The uptrend's resistance is expected to be at the outerline of the pitchfork and 0.618CD of the cypher pattern, which coincides..
But i expect there will be a bit of correction i the lines of 10 to 15 percent after this, as i think the failure of the bearish butterfly was due to the formation of a Extreme bullish Harmonic Impulse...(which have been marked in softer slate grey lines)
Disclaimer..this is not an investing/trading recommendation
TATA POWER RELOADED..C point of butterfly validity check...
1. current C point is on a 20months trendline (0.5AB)
2. if breaks the next stop is on the median line of the pitchfork (0.618AB)
CD up leg validity check..
1.Bullish reverse divergence on RSI
2. probable cypher in formation
Potential reversal zone limit estimated at 1.27XA of the butterfly...
reversal pathway estimated in supports of 0.382AX and 0.618AX of the butterfly in conjunction with the pitchfork levels..
Disclaimer .... invested.. this is not a trading/ investing recommendation.. do your own analysis...
A Final Pump before the Bears KnockBITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD 1.Bigger bearish cypher in formation
2.Smaller bearish butterfly/deepcrab in formation
3.Bullish reverse divergence in RSI
4.the current 382 green line in pitchfork will yield to the next blue line which has been a resistance before also on 12th march..
4. Ichimoku kumo cloud 4hrs, resistance band upper limit is the same region ....
Disclaimer... not an investing/trading advice...
3 harmonic possibilities, depending on the B point formationThe over all bearish trend still prevails...
The B point reversal will test the validity of the analysis, in breach of which will become invalid..
I am expecting the back outline Bullish Deep crab to take effect, as there is a support at that predicted B point...
The plan is to short as high as possible and keep averaging, to ride the CD down leg...
Discalaimer..this is an attempt to prediction of possible harmonic formation... not a trading/investing advice...
A Bullish Butterfly finally!BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD
Rationale for entry..
The reversal from the falling wedge on good volumes ,
The 5/13 dema cross on the uptrend,
The RSi in the oversold zone
And finally the Bryce Gilmore classic butterfly with an uncommon AB=CD pattern doing reversal from the PRZ on the back of good volumes...
In short, a feast!
Take profit is classed at 0.618AX level, as the extreme point (10778) and at 0.382AX level as a moderation (10704).... The space between these two level is the profit protection zone..
A bull to be feasted on- A butterfly in the ETC house!BITTREX:ETCBTC BINANCE:ETCBTC BITFINEX:ETCBTC POLONIEX:ETCBTC a bearish butterfly is caught in action...
A long now, to start cover from 0.886 retracement level and potential reversal form the PRZ , to short from the to take profit in the 0.382 to 0.618AX level...
Indiabull Housing - Harmonic Pattern.Can Test 1199/1129/1059. Resistance @ 1377.
Below 1199 Harmonic Pattern Butterfly Comes in Action.
Pattern Failed Above 1377.
Positional View.
Other Details Mentioned In Chart.
Please Consult Your Financial Advisor Before Taking Any Decission.
I am not SEBI Registered Financial Advisor.
CHENNPETRO: Reversal Opportunity.All mentioned & plotted on Chart.
Intraday UP levels: @ 379.2 - 380.90 - 383.85 - 385.90 - 387.10 (Used as TARGET)
Intraday DN levels: @ 373.55, 371.70, 368.85, 366.8, 365.60 (Used for Accumulation)
(Calculation Based on Last Closing Price: @ 376.35)
Trade as per Specified Levels.
My personal View. If matched, Like & Share
As i am not SEBI regd. analyst, take this study as educational purpose.
For taking trade decision Consult with financial Advisor.
Nifty, TataMotors & Granuels -Short Term Buy From 10975- 11000Last Price@11030 - 31st Jan2018 -10:00 Hrs
Last Time It was bullish butterfly from 11010 for targets 11070 & above 11080 for 11105 - This time double bottom buy holding above 11000 for 11070 - 11105 Intraday.
Strict Stops below 10975 as critical support level level- Going below 10975 -Bears will be on streets
Nifty Strategy - Buy if holds 11000-11010 zone or Buy if 10975-10995 holds as support
Granuels India cracks from 141 to 131
Tata Motors cracks from 420 to 395