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Fractalstrategy

WaveTalks-Nifty-Can Fractals Repeat ? Can Bulls Bounce Back A fractal is a never-ending pattern repeating a simple process or pattern over and over again at the same degree or higher degree. 7th Oct 2021 Smaller Triangle or Penultimate Wave was seen & published on 7th Oct 2021- "Can Bulls Bounce Back? - The Irregular Triangle" Can that fractal repeat again? Yes. The Answer is certainly positive because as nature is full of fractals like seashells / clouds / trees etc. In market, chart patterns can repeat. This is a bigger fractal if unfolds holding above 16800 then Bulls can bounce back again. ----------------------------------------- Possible Reasons for Bounce ----------------------------------------- 200 DEMA (High) Support Centre Line Reversal Method Double Bottom ----------------------------------------- Targets Expected ----------------------------------------- 17795 18350 + Note - Idea not Valid Below 16785 - 16800 zone "Nifty Bulls have 60% chances / Bears have 40% chances at crucial juncture of 16800 but traders have 100 % chances if you plan your trades carefully. Going below 16800..."
NSE:NIFTYLong
by WaveTalks
30
Manali Petrochem Fractal Patterns TutorialFractals are a self similar patterns that recur at successive lower degrees. Once identified, they provide great trading opportunity. They can be found on any time frame, on any asset class or any instrument in any market conditions. How to trade: Once a clearly visible fractal pattern is recognized, look for the lowest degree pattern in the structure to retrace over 100% of previous swing high/low as depicted in the chart. Make an entry at such a breakout. Risk Management: Keep the stop loss at the lowest point of the lowest degree fractal. I hope the explanation was useful for the fellow traders out there. Cheers!!
NSE:MANALIPETCLong
by MilestoneCapital
1
Nifty Daily ChartWell well well, Compare the blue lines, is that a fractal gonna repeat??? Are we gonna see a 200 to 250 points boom on the upside next week guys??? Down there also there was an expansion and a diamond pattern as it has developed now. Is 12250 on-screen next week guys??? Plus in my last fractal, I showed the weekly thing and now this is the daily thing. USA elections are nearing and BIDEN is ahead. Man, this is gonna be interesting!!! Stay tuned!!! Virus cases have nearly cut 50% from the peak but the average of 55k cases a day is holding tight. Covaxin by Bharat biotech has entered the Phase 3 tests just news in the evening i.e 22/10/20. USA and India may soon announce some economic package. Last but not least...Loan Moratorium verdict on Nov 2nd... Action-packed events lined up. Keep your positions light or trade the cash segment rather risking the derivatives... Happy trading and stay safe... Cheers!!!
NSE:NIFTY
by abhijitgujarathi15
2