Crab breakout in TitanHigh 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.
Harmonicwaves
NIFTY MIDCAP SELECTHello 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 confirmation of weakness then look to exit longs and/or fresh shorts.
Fresh aggressive trading inside the PRZ should be avoided either side.
All the best
FTM - XABCD Bullish Butterfly PatternFTM/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 within 2-3 days maximum.
Always #DYOR and Trade wisely by using #StopLoss, It's #NFA
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NAVIN FLOURINEHello & 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
Identify the Start of Harmonic patternsEverything is explained on chart .. the start of the possible harmonic happens at the end of the C leg to find that you need to identify and keep an eye on the B leg
Train your eyes to identify the Structure. Latter comes the logic and understanding.
Siemens IndiaIt 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
NIFTY FINANCIAL INDEXAt the PRZ of a bearish Harmonic Bat in Weekly time frame it made a bearish reversal Candlestick today. A follow through tomorrow onwards would confirm a downward move for 13250 and below that for 12000. The view would negate if it sustains above today's high.
The index constitutes of all the large Banks and large Finance companies.
Harmonic Bat is a 5 points pattern based on specific Fibonacci Ratios which signal a reversal of trend for 38-50-62% of the last leg of the trend ending.
JSW STEELIt has reversed from a Bearish Harmonic Alt Shark which could see a retracement till 318/310/300. The view would negate above 332.
Harmonic Trading Patterns are derived from Fibonacci ratios which create various patterns indicating reversal/retracement of trend in the time frame spotted.
NIFTYIt might be forming a THREE VALLEYS & A RIVER in hourly time frame. It has two bearish Harmonic Trading Patterns at 11875 (Deep Crab) and at 11975 (Alt Shark). "If" a REVERSAL were to occur from that zone then the downside expected levels could be 11750 / 11550 / 11400. The negation point would be at 12020
NiftyNifty has initiated a Bullish Harmonic Pattern 5-O which has the PRZ of 11450-11400. As long as it sustains above 11300 it could rally till 11775-11850. Further confirmation would be hourly sustenance above 11570.
Bullish 5-O are 6 points Harmonic Patterns usually preceded by a Bearish Alt Shark. The pullback from the Alt shark in this case happens to be a corrective which ends at O from where the larger trend resumes its path.
COAL INDIAIt has turned from a Bullish Harmonic Butterfly and could now retrace till 128/131 as long as it holds above 122.
Butterfly Patterns are 5 pt Harmonic reversal/bounce set ups based on specific Fibonacci Ratios.
LUPINIt has activated a Bullish Cypher in hourly time frame. As long as its above 923 it can retest 945/950
Cyphers are 5 point Harmonic Patterns based on fibonacci ratio alignments
GOLDGOLD if it manages a MONTHLY "close above $1825" (all time high) it will activate probable targets of $1975 & $2075
SBI LIFEIt has made a Bearish Harmonic Deep Crab here. It could do a pullback till 825/800 provided it does not go above 885.
BHARAT FORGEIt has made a bearish Harmonic AB=CD pattern. Sustaining below 365 could lead to a pullback till 335 and lower. View gets negated above 377
SIEMENSAfter reversing from a Bullish Harmonic Shark, it has activated a Bullish Harmonic Dragon which suggest probable levels of 1225 and 1350. It has very good support at 1080-1070. View would be negated below 1035
Bearish Bat, Wipro @ 543Hi,
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.
