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Harmonic Patterns

NZDUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Short
by okako_trading
2
Crude WTI ready for big fall,all positive things in price Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
FX:USOILSPOT
by JaiPrakashShuklaHarmonicTrader
Crude MCX ready for big fall , all positive things in priceDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:CRUDEOIL1!
by JaiPrakashShuklaHarmonicTrader
Gold mcx 125 points profit booked on sell , 150 points on buy Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- Orange/ Green / lines are work as support/Resistance. Blacks lines are Support/ resistance based on previous important low and High level ENTRY - When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:GOLD1!
by JaiPrakashShuklaHarmonicTrader
#Nifty directions and levels for January 14th, Tuesday:Good Morning, friends! 🌞 Here are the market directions and levels for January 14th, Tuesday: Market Overview: The global market is showing bearish sentiment (based on the Dow Jones), and our local market is reflecting a similar outlook. Today, the market is likely to open with a gap-up start, as the Gift Nifty indicates a +130 point positive opening. > In the previous session, the market moved violently, but the evening session in the US market saw a solid pullback. Structurally, this happened in a bearish market, so it still seems to be in a bearish trend. However, this pullback may reduce the momentum. So, my opinion is: > If the gap-up sustains, we can expect a 50% to 61% pullback in the minor swing. On the other hand, if it doesn’t sustain, then it could consolidate between the previous low and today’s opening price. This is the basic structure. Let’s look at the chart. Both Nifty and Bank Nifty have the same structural sentiment. Current View: The current view, based on the structure, is that as per the long correction, this kind of gap-up might not sustain. > If the initial market declines, it could consolidate between the previous low and today’s opening price, or to the 38% resistance level. > After that, if it breaks the previous low, then the correction will likely continue. Alternate View: The alternate view says: > If the gap-up sustains or if it breaks the major resistance at 38% with a solid candle, then it could reach a minimum of 50% to 61% in the minor swing.
NSE:NIFTY
by Manickamtraders
#Banknifty directions and levels for January 14th, Tuesday:Current View: The current view, based on the structure, is that as per the long correction, this kind of gap-up might not sustain. > If the initial market declines, it could consolidate between the previous low and today’s opening price, or to the 38% resistance level. > After that, if it breaks the previous low, then the correction will likely continue. Alternate View: The alternate view says: > If the gap-up sustains or if it breaks the major resistance at 38% with a solid candle, then it could reach a minimum of 50% to 61% in the minor swing.
NSE:BANKNIFTY
by Manickamtraders
CYIENT - Wait and watch game now Please refer to my previous analysis on CYIENT for a detailed understanding/review. For now, Price is trading below 200 DEMA . A bounce/rebound attempt after the GAP filling has fizzled out and the price is trading lower. I wouldn't consider any longs until and unless we successfully trade above the 200 DEMA. As mentioned in my previous post, the rise was only 3 wave move, hence, one more low towards 1650-1600 was expected earlier on; and the current price move seem to be confirming the same. Here are the daily and weekly charts with wave counts Price is trading below the cloud on Daily and Weekly TF Action plan: The shorting Opportunity was very good at 2100 levels.. great risk reward .. On shorter TF, price seems to have done 5 wave impulse down. and is at 0.886% retracement level.. A bounce can't be ruled out.. Fresh shorts at this point looks risky. From trading perspective, 1920-1950 is a good level to consider shorting with good RR From investment perspective, 1600-1800 looks a good accumulation zone. I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:CYIENT
by Murthy_Santhosh
Nifty View For 14-01-25As of the close on Monday, January 13, 2025, the Nifty 50 index declined by 1.47%, closing at 23,085.95, a drop of 345.55 points from the previous close. NSE INDIA This downturn was influenced by several factors: Global Economic Indicators: A robust U.S. jobs report indicated potential for fewer rate cuts by the Federal Reserve, leading to increased U.S. Treasury yields. This development has made emerging markets like India less attractive to foreign investors. REUTERS Foreign Portfolio Investor (FPI) Activity: There has been a significant outflow of foreign investments, with FPIs withdrawing approximately ₹213.57 billion in January. This trend has exerted additional pressure on the Indian equity markets. REUTERS Sector Performance: All 13 major sectors experienced declines, with notable losses in heavyweights such as HDFC Bank and Reliance Industries, which fell by 1.9% and 0.8%, respectively. REUTERS These factors collectively contributed to the Nifty 50's performance on January 13, 2025. Indian Shares Decline Amid Global Economic Concerns Reuters Indian shares fall on concerns over fewer Fed rate cuts, slowing earnings Here are additional reasons that contributed to the Nifty 50's decline on January 13, 2025: 1. Global Market Trends: US Federal Reserve Policies: Concerns over fewer rate cuts by the US Federal Reserve led to a rise in US Treasury yields. This shift can make emerging markets like India less attractive for foreign investors. Global Economic Slowdown: Worries about a slowdown in major global economies, including concerns about China's economic performance, have also impacted investor sentiment. 2. Domestic Economic Factors: Inflationary Pressures: Rising inflation in India has led to concerns that the Reserve Bank of India (RBI) might tighten monetary policy, which can negatively impact equity markets. Rupee Depreciation: The Indian Rupee's depreciation against the US Dollar has increased the cost of imports, which can hurt corporate profitability, especially for companies reliant on imported goods and services. 3. Earnings Season Concerns: Weak Corporate Earnings: Expectations of weak earnings reports for the quarter from major companies in sectors like IT, financials, and consumer goods have dampened investor enthusiasm. 4. Sector-Specific Issues: Banking Sector: Rising bad loans and provisioning for non-performing assets (NPAs) have impacted the profitability of banks, leading to declines in banking stocks. Energy Sector: Volatility in crude oil prices and concerns about regulatory changes have affected energy companies. 5. Geopolitical Uncertainties: Ongoing geopolitical tensions in various parts of the world can contribute to market volatility, making investors more cautious. These combined factors created a negative sentiment in the market, leading to the decline in the Nifty 50 index. Here are additional reasons that contributed to the Nifty 50's decline on January 13, 2025: ### **1. Global Market Trends:** - **US Federal Reserve Policies:** Concerns over fewer rate cuts by the US Federal Reserve led to a rise in US Treasury yields. This shift can make emerging markets like India less attractive for foreign investors. - **Global Economic Slowdown:** Worries about a slowdown in major global economies, including concerns about China's economic performance, have also impacted investor sentiment. ### **2. Domestic Economic Factors:** - **Inflationary Pressures:** Rising inflation in India has led to concerns that the Reserve Bank of India (RBI) might tighten monetary policy, which can negatively impact equity markets. - **Rupee Depreciation:** The Indian Rupee's depreciation against the US Dollar has increased the cost of imports, which can hurt corporate profitability, especially for companies reliant on imported goods and services. ### **3. Earnings Season Concerns:** - **Weak Corporate Earnings:** Expectations of weak earnings reports for the quarter from major companies in sectors like IT, financials, and consumer goods have dampened investor enthusiasm. ### **4. Sector-Specific Issues:** - **Banking Sector:** Rising bad loans and provisioning for non-performing assets (NPAs) have impacted the profitability of banks, leading to declines in banking stocks. - **Energy Sector:** Volatility in crude oil prices and concerns about regulatory changes have affected energy companies. ### **5. Geopolitical Uncertainties:** - Ongoing geopolitical tensions in various parts of the world can contribute to market volatility, making investors more cautious. These combined factors created a negative sentiment in the market, leading to the decline in the Nifty 50 index. Would you like more details on any specific aspect?
NSE:ASIANPAINT
by TheGoldenFarmsofEquity
NATIONALUM - Reversal on Cards? but 190 to be tested first?My detailed analysis on the script on weekly TF can be found here. For now, looks like the first leg of correction will end at around 190 zones.. Reasons are explained well in the chart; but here is the brief Harmonic pattern target 200 DEMA Trendline The probable future path is depicted below.. remember, the B wave could very well go past 263 too.. for now, lets see where the A wave terminates I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:NATIONALUM
by Murthy_Santhosh