Crude weekly bottom with deep crab then upside 2.41% level
now completed reciprocal ab=cd with previous support area
in 4 hour try to forming head and shoulder pattern
Buy suggested above the closing of 6760 for the target of 7663-8556-9399-10005
holding trade.
share name : exide industries
call type : positional or investment
- share is forming a double bottom pattern with
bullish divergence, morning star on c point
- expanding wedge on bigger time frame
- we can accumulate this share at this level and
wait for breakout above b point, then we can see targets of 284(bearish bat ) or 414 (bearish crab)
- stop loss...
Nifty, bulls hold the fort almost till the last rush hour, putting everyone to sleep mode. Last 75 minutes comes the rush and rush was sharp and closed lower. The internals do not look great. Broder markets lack the momentum to push further up. We have drawn the bearish crab pattern; the approximate high is around 18400-500 area. Either we have already hit or...
M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe . Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272.
Forecast of gartley if broken B
Entry price: 8780
SL - 8830
Target - 8715
Note: View shared for educational purpose only. Conduct your due dilligence before making any trading/investment decisions.
last 2-3 weeks we seen huge buying in AKRO coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
Bullish Crab Harmonic Pattern Exist close above critical support & psychological level of 16400. Holding Above 16400 & close by levels.
Upside push can be seen for 16651 / 16900 / 17025
Idea not valid below 16400 (+/- 25 points)
DXY perfect text book bearish deep crab pattern fromation
photo finish reversal
rising contracting wedge formation
bearish divergence on rsi
ready for 94.55,, 93.2,, 91.75
Nifty Bounced 475 Points Approx. from the bottoms of 16840 & It was nice to capture few points in between as updated on last idea - Tata Steel / 26th Jan2022 - Markets Closed
----------------------------------
Trading Strategy
---------------------------------
Pattern Invalidates above 17325 which is the stop loss
Trigger comes below 17179
PRZ - Potential...
NIFTY IT index is currently at a potential reversal point suggested by the XABCD bullish crab pattern and low RSI value on the daily timeframe.
The bounce may be up to 0.382-0.618 fib zone extension of CD.
This doesn't mean IT would reverse its trend from here. Before the budget, it might test important resistance 36750. This might be just a correction for the...
TATA Consumer looks strong…
Reasons/Traits :
• Today gave a break out from two day inside bars with a big green bar with very good volume
• Above 13 and 50 EMA
• Price touched 0.618 retracements levels
• RSI increasing
• Bearish Crab harmonic pattern formation is in place
What can happen next :
Scenario 1 : Price sustaining above 850/853 levels can take it to...
Almost making a CRAB Pattern on the charts. Bullish on this stock for swing trade.
Trade with strict Stop.
Entry, Exit and Stop loss levels shared on the charts.
