• Two Harmonic Patterns Overlap - Bearish Butterfly & Bearish Deep Crab • Buy Above 50000 • Sell Below 45000 & Be on cautious mode below 46000 • Range Bound Move in 46000 – 50000
Nifty 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
VEDL is on the process of Harmonic Extended pattern ( Butterfly Pattern) B point is at the 0.786 retracement of XA and D point forms at the 1.27 to 1.61 projection of XA. As per this chart the target levels should be 193 and 229
I'm looking for a long trade on EUR vs Great British Pound Also Said as EURGBP. Let's see how it'll going to play out
Potential reversal zone 625-626 expecting to test 616 view negated above 630 daily close Thanks Jigar Pateel 8898030401
Bearish Butterfly pattern forming on 4H Chart of CNXMETAL. SELL 3375, SL 3410, Target(s) - 3335, 3300.
Bearish Butterfly pattern forming on 4H Chart of TATASTEEL. SELL 667, SL 675.1, Target(s) - 660, 657.
Next stop may be 7.30USDT. Let us see what will happen. It is not an investment advice.
NSE:VOLTAS Interim pattern. Buy above 829 till 865.
levels 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
USDJPY 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...
Bank 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.
Nifty Metal index CMP :- 3200 levels. Harmonic pattern :- Bearish butterfly pattern formation. PRZ zone in range :- 3200-3300 levels 1.27XA = 3313,, Equivalent AB =CD matures at 3210, 2.24 BC extension around 3180 levels. Bearish AB = CD pattern formation matures around 3210 levels.. Elliot Wave study :- Whole structure formation is in Expanding rising wedge...
Bank nifty is all set for a breakout in the upward direction but there are a few bearish confluences available like the continuous weakness of Hdfc bank until effective demand zones are reached. there is a bearish butterfly harmonic pattern forming and there a few looming supply zones also available but due to the time already spent before reaching the supply zone...
Expecting TVC:USOIL to go for a sharp correction. Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse. Got a terminal candle confirmation in the PRZ. Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be...
Precious seen AB=CD pattern o LUPIN. The "B" retraced at exact 61.8% and BC project at accurately 1.168%. After completing this pattern, extreme fall was seen in the price. ----------------------------------------------------------------------------------------------------- Bullish Butterfly pattern required "B" mid-point 78.6% retracement and The price can fall...
Buy at current levels Target 500 Stop 440 Thanks Jigar Pateel 8898030401