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Fractal

Richard Wyckoff distribution bull trap 1.green box appears to signal the resumption of the uptrend but in reality is intended to TRAP uninformed break-out traders the remaining demand. 2. in phase C price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked down. >>if these points hold true we can take advantage with good risk/reward, we can draw a pitchfork using expanding pivots (sign of reversal) in green box. $$ valid entry could be at upper parallel of pitchfork with stop above green box and target of lower parallel (white box) >> i sold 1100 call option you can also buy a put of 1100
NSE:TECHMShort
by bossdaddy
2
NIFTYBEES ANALYSISNIFTYBEES 1M: This is scientific analysis of NIFTY50 index structure through NIFTYBEES ETF using frequency shifting. I mean that volume around that COVID-19 low is very impressive. Red parallel Lines represent covid-19 market structure and yellow parallel lines represent historical NIFTY50 structure. Both lines together forms supply and demand clusters where price is expected to behave in a very specific way in the future. ETF charts are very important, actually more important than open interest charts for analysis of market sentiments and potential movements.
BSE:NIFTYBEES
by fr0xk
BAJAJ FINANCE has clearly broken all time high, HOW TO TRADE ?Now Bajaj Finance has clearly broken all time high levels. If you see it has very nicely followed the Fibonacci levels in the last rally from the bottom to all time high. Now is it starting another leg of the rally. It took exactly 255 daily candles for it to reach here with the ups and downs. Plotting 255 days to the right takes us to 2nd June 2022, when it should reach the targets which we have arrived at using multiple tools. One is Short Term and Another long term. One can buy now,, it should reach the 1st resistance as per fibinacci and then retrace a bit, later one can keep adding at the retracement towards the 21 EMA or little below it, or near the long term trendline. It is clearly respecting that and gives us a chance to enter with a very good Risk Reward (RR). It should be respecting that in this next leg up. Hope it helps you learn something along with me. This is purely for learning and not financial advice.
NSE:BAJFINANCELong
by Anand7
Bhel- Long term BuyWe use almost centuries old fractal models based on basic sciences to decide buy , sell and timing. Bhel had given a strong buy signal on monthly scale which means a trade which can last years. Change of trend signal has been triggered which means Timing signal has triggered ( Lower panel) It has broken out of Green and Red lines ( monthly closing below 35.50 and 42.80 will negate the trend ) , and as long as it treads above it, it's a long term long. Will keep updating the levels for readers. Enjoy If you want to use these indicators or want to learn how to use to do message me.
NSE:BHELLong
by ajitk2020
1