High probability trade setup
Clear breakout and price also closed above the previous swing. This indicates that the price will move up in forthcoming days. This is for educational purposes only.
Hello and welcome to this analysis
The index has formed a Bearish Harmonic Deep Crab in the weekly time frame. It is currently in the PRZ zone of 9050-9400.
As of now its not showing any sign of weakness. If it starts sustaining below 9050 the bearish structure would get activated for 8600/8250. There is resistance between 9200-9250. One should wait for...
FTM/BUSD 4hr. Chart Analysis
FTM running under Bullish Harmonic Wave as in XABCD Butterfly Pattern, It is almost on finishing point into last cycle of Downtrend after cut-off point as in Bearish Penant Pattern into 1-hr. candles chart.
UPCOM:FTM last Lower-Low bearish cut-off point will be 22-20 cents, while initial reversal point is around 23-24 cents soon...
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
It has turned from a Bearish Harmonic Bat in Weekly time frame. Sustaining below today's low 1587 would open the path for 1550/1500/1400. It faces strong resistance now at 1625, view negates above 1660
Hi,
Here is a bearish BAT, short setup developing on Wipro daily chart .
It may take some time to complete the D leg, but it's worth to keep in watch list.
Trade levels shown on chart.
Trade with Care,
Gulz.
