Hello & welcome to this analysis
The H&S formation saw it complete its minimum breakdown of 1-1.27x Fibonacci extension.
Today in the daily time frame it completed the formation of a Bullish Harmonic Gartley suggesting a reversal from the current level (3900) for 4250 and 4400 as long as it does not go below 3800.
Happy Investing
Grasim spot cmp 1750 levels
cup and handle pattern formation, where breakout can be confirmed above levels of 1835 , need 2 consecutive daily close above levels for confirmation
symmetrical triangle pattern formation, where counter have resistance zone around 1790-1825 levels and support zone around 1690-1720 levels.
decisive breakout on any side would lead to a...
Index is trading in time cycle of 106 days and 73 trading bars on daily time frame,
after every 106 days index tends to make peak and reverse below previous low levels,
106 days cycle maturing soon,, need to keep watch on that time cycle,
index have given break out from descending trend line resistance, and sustaining above that levels,
but till it does not...
coal india can be accumulated at 200 level, it can come to 200 directly, or it can do to 228 level then come back to 200 level, then its good to take position in that time.
entry- 200
stopped- 175
target 1- 258
target 2 - second purple line on chart.
KEEP AN EYE.
Time Frame: 4H
Symbol: ADAUSDT
Entry: 0.4730
TP: 0.4341
SL: 0.4989
Bias: Short
The zigzag market conditions of this pair is showing more weight to the selling side . So our projection goes towards selling the instrument.
Time Frame: 4H
Symbol: SOLUSDT
Entry: 32.96
TP: 30.72
SL: 35.13
Bias: Short
This instrument has a selling bias. We are planning a selling set up based on current market dynamics.
Time Frame: 4H
Symbol: ETHUSDT
Entry: 1596.52
TP: 1489.76
SL: 1659.48
Bias: Short
The instrument is currently showing a perfect opportunity to sell. Considering the current micro trends and trend patterns ,we go for a selling set up.
Time Frame: 4H
Symbol: BTCUSDT
Bias: Neutral
We do not have any bias for this instrument. We are neutral till we get a directional bias either for long or short.
