Butterfly
LIC for short term + intra analysisfor intra players
trading levels mentioned in the chart.
for short term players
buy and hold
trgt 466-500-550-600 +
don't miss opportunities guys....
lic in a adding level.
postive newses hitted but movemnts not done.....
expecting 500++ within 1-3 months
study then add
Nifty 50 Short term Harmonic Pattern -may be a ReversalNifty index has shown a short term harmonic reversal pattern- Butterfly Pattern.
The Price Reversal Zone supposed to be the extension of 1.27 Fibonacci level XA leg.
BC projection is at least 1.618 Fibonacci level.
This zone is giving us the most compact PRZ.
PRZ range: 14325 - 14308
After Reversal Minimum target 14667
WAVES USDT Long Prediction, Formed XABCDNext stop may be 7.30USDT. Let us see what will happen. It is not an investment advice.
GBP/JPYlevels are marked on the chart it looks bullish for a while
and then it approaches a supply zone along with gann fan induced resistance and a harmonic PNZ area
once can take a risky long until the supply zones because markets usually always go to places where there is a lot inequilibrium an resting liquidity
USD/JPYUSDJPY could be completing a bullish butterfly harmonic pattern and we can hence to complete the pattern initiate shorts and longs in relevant places while waiting for the harmonic pattern to finish out which is also in confluence with the base of the trend channel and a long can be initiated from there also.
but be careful before taking countertrend trades and make sure you keep tight stop losses around the previous swing highs or lows.
Bank nifty spot good short candidateBank Nifty spot cmp 30460
Harmonic Study
Bearish butterfly pattern formation
PRR zone :- 30460 to 30560
SLZ zone :- 30610 once sustain for 15 mins above this levels
Targets levels :- 29880 and 29640 levels can be seen.
RSI :- Price making higher high where as RSI is making lower high, bearish divergence.
Good short candidate in PRZ range.