Buy above 1600 for 6,13,20+++ Sell below 1589 for 6,13,20+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Schiff Pitchfork Since TCS has already fallen below the 0.5 line of pitchfork It is possible to touch the next level, blue line. It is also possible for slight retest before breakdown. Short Entry is possible below yesterday's low at 3385. SL is at the Pitchfork 0.5 line at 3397. Maximum target is higher at around 3290. However, it has already fallen too much....
Check 14th Oct candle, it is an potential breakout candle which is making an 833.95 high. pretty long on this one. PITCHFORK This analysis is only for educational purpose.
if you club the price action of the two recent candles (22nd and 23rd) as one single candle i think we have a valid morning star. 1. price is above long term moving averages of 150 and 200 SMA ✔ 2. Price is not above short term moving average of 50 SMA ❌ 3. Uptick in RSI ✔ 4. MACD Ok ✔ 5. price breaking out from triangle pattern ABC ✔ 6. above average volumes...
Buy above 1607 for 6,13,20+++ Sell below 1593 for 6,13,20+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
My BTC construction 1. schiff pitchfork {1st price bar - 29222.23} {2nd- 52864.23} {3rd- 43314.23} 2. channel overlap - the mid zone was drawn from 7 sept data and then cloned both up and down on exact top and bottom from mid zone 3. Basic price action and pattern on 15 mins to trade entry
a thing which struck me about this scrip was how beautifully in sync the higher and lower timeframe pitchforks are. Moving as one. The scrip formed a bullish harami/doji right on the lower parallel line with a long lower tail. So the recent correction maybe over? Next couple of days should be interesting.Will keep an eye 👀 **I will be posting ideas for my...
I do not track this scrip:NASDAQ but I just wanted to take a look after the recent big gap down and it surprised me how well it seems to be following the basic pitchfork trading theory The points mentioned on the chart correspond to the following rules: (0) prices at any point will gravitate towards the median line (i) price after reaching the median line will...
Venkeys formed bullish kicker candle on above average volumes, right on the lower parallel line of the pitchfork and looks set to breakout above the recent consolidation range. Stock is above 150 & 200 SMA ✅ MACD and RSI are A-ok ✅ CMP 3060. My Short term target 3780 (or maybe i'll trail until it hits the median (center) line depending on the strength shown) SL...
Buy above 1607 for 6,13,20+++ Sell below 1590 for 6,13,20+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
After recent attack on avax coin the price broke down the trendline and consolidated came back to the price of reversal, but showing good buying happening again. with the help of fib extensions and pitchfork i've drawn some conclusion from recent high and lows price can go up to 70-75+ levels comment your fav coin and lets discuss about it on the charts happy trading
Buy above 4875 for 15,40,70+++ Sell below 4840 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
BULLISH above 36400 for 100,200,500+++ BEARISH below 36230 For 100,200,500+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
NSE:NIFTY is approaching upper parallel lines so no more longs. if any distribution pattern form at upper parallel we can think of going short. green line is also tuned frequency
Buy above 6370 for 15,40,70+++ Sell below 6330 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 1675 for 7,15,25+++ Sell below 1660 for 7,15,25+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 6225 for 15,40,70+++ Sell below 6180 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Buy above 1645 for 7,15,30+++ Sell below 1630 for 7,15,30+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk