Nifty formed a base on 9.5.2022 and has re-tested that base thrice. It gave a good bullish move after that and is trading around previous day high. The overall sentiment and trend of the market is still bearish. Also Nifty has formed a BEARISH DEEP CRAB formation and the PRZ level comes around 16450 . One can take a bearish trade once Nifty touches 16450 with a...
reliance stock is falling if see any god fall watch from harmonics prz and fib. levels for any reversals on them. also trade with plan not in hurry. always risk :)
As price continues to make lower lows & lower highs, an AB=CD pattern is observed. The C point is a 78.6% retracement of the AB move, while the D point is at a 1.27BC extension. A Potential Reversal is anticipated from the D point whose completion point lies at C (minimum). Plus a candle engulfing the previous 4 candles in the PRZ is a favorable indicator. Note...
recently checking some stocks found that one. forming harmonics $ pattern. mark those levels on your chart or set alert near them. :)
in this stock prz harmonics pattern forming. also remember that i draw two more level on swing high low if high swing level broken without breaks low level one then levels gone to be valid. but if low level broken then prz gone to be invalid. and always watch small tf reaction near prz level how it's reacting on them.
The harmonic pattern is showing the price reversal zone of XRPUSD is between $ 0.61 to $ 0.64. Minimum target of $ 0.44 This is a Bearish Harmonic Bat Pattern.
Various levels are shown in the chart If it cross below 824, then possible to reach 750 If it is not reversing from 824 and falling below then possible to reverse from 750 levels
14255 level in Nifty Index is Support as per Cypher Model but this ref point may not be valid because the recent high is not valid as per the pattern rules for 0.082%. I have shifted to Shark Pattern which shows a much deep Price Reversal zone which has to be compatible with different levels the level is 13889 to 13854.
Achieved the first target. Look forward to the next targets
it is very near to the reversal zone. From 1117 to 1055 levels, depends on NIFTY moves. You can see the previous pattern and followed exactly as per the pattern
Nifty index has shown a short term harmonic reversal pattern- Butterfly Pattern. The Price Reversal Zone supposed to be the extension of 1.27 Fibonacci level XA leg. BC projection is at least 1.618 Fibonacci level. This zone is giving us the most compact PRZ. PRZ range: 14325 - 14308 After Reversal Minimum target 14667
ICICIBANK approaching prz level bearish alt bat harmonic pattern
Apollo Hospitals at 1.618 AB=CD HARMONIC Reversal zone. Bearish Divergence. Will update targets once trade is active.
Purely based on the charts, the bear market for DXY maybe limited down till 88. Any substantial weekly close below 88 voids this view.
Target Range: 603-618 We may see a retracement near 603-618 Range as it is a PRZ area. Trade with Proper Risk Management. Victory is beyond fear!! Disclaimer: I am not a SEBI Registered Analyst. Please take position after consulting your advisor.
BUY NEAR - STOPLOSS AND TARGETS ARE MENTIONED IN RED AND GREEN COLOR
Its difficult to spare time for publications. But 'we--the authors' can't resist to share interesting thoughts. I usually ask readers to 'hit the like button' b'coz that motivates us to write more robust analysis. So keep supporting and i ll keep sharing the scoop of knowledge that God has ushered upon me. I could have just marked an arrow on the chart and said...
The bullish bat PRZ may act like a magnet to pull the price towards 395 odd levels. Price has already broken out of a pennant pattern and resuming the downtrend. The 407 could act as a minor support. Short term traders may take advantage of the shorting opportunity. The long term traders may look for covering shorts in the specified zone and think of accumulation...