Retracement
Pair - Asian Paints, Berger PaintsThe pair ratio was consolidating for 3 years (Nov'16 - Oct'19) in the range of 3.899 - 5.030
It broke down in Oct'19.
161.8% retracement of the above consolidation was at 3.201. The ratio made failed attempts to breakdown below this level, only to revert back to 3.899.
The ratio has again reached (almost) the same retracement level of 3.201, with RSI making higher lows.
As long as the ratio is above 3.201, it would attempt to move up to 3.630, 3.899
HDFCIt has activated a C Clamp which suggest a retracement till 1860 is probable, which is also a resistance in weekly/monthly time frame. The level also tallies with a retracement of the monthly bullish harmonic pattern as well as with a probable bearish pattern near it in lower time frame. Two studies suggesting indentical resistance ahead!
Banknifty retraced by fibonacci to its 0.618 level and closeBank nifty retraced by Fibonacci to its 0.618 level. the high is touch on retracement level. May be bank nifty continue its trend. same achive its target on Head and shoulder pattern. on down side.
Spot On - 2G(With Red Dot)Retracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
Possibly a beginning of Up TrendRetracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
Between 2R(with Green Dot) and 2G(with Red Dot) - 200 INRRetracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
2R(with Green Dot) again - 1200+Retracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
2R(with Green Dot) spotted at the right time.Retracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
2R(With Green Dot) - Uptrend beginsRetracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
2R(With Green Dot) shows the possible beginning of Up trendRetracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
2R(With Green Dot) shows the possible reversal of a downtrendRetracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
Is this the beginning of the Uptrend?Retracement and Reversal decoding the price movement.
Watch out for 2G(with Red Dot)* and you might be the lucky one to find the Top.
Watch out for 2R(with Green Dot)* and you might be the lucky one to find the Bottom.
For more details check out
* 2G(with Green Dot) and 2R(with Red Dot) also occur
Well PlayedDisplaying 2G near the TOP and 2R near the Bottom makes Retracement and Reversal so special.
Retracement and Reversal Never Predicts.
Keep Watching. Keep Trading.
Retracement and Reversal Ver 1- Showing Long at the right time. Retracement and Reversal Ver 1 does it again. Awesome.
For more details - See
For Shorter time frame, it was Awesomely Awesome.
note the location of 2R
Who says, finding Top / bottom is difficult - Example 2-Bottom?This time, 2R shows exactly where it should... :-)
Who says, finding Top / bottom is difficult?Beautifully Finds TOP @ 1325 and marks it with 2G in Multiple Level Retracement.
What a Reversal :-)Perfect Long from 4th July 2018 (1. No Retracement)
Perfect Reversal (Last Retracement) seen at 10:30 am today. (2. Single Level Retracement)
Perfect Normal Sequence of color fading seen @ this last Retracment (3. Multiple Level Retracement)
See how good it looks in 5 min time frame.
Thankyou "Retracement and Reversal" for not predicting the outcome of meeting today.
Problem with RSI1. No Entry - Exit Pair
As clearly seen, RSI shows 3 OverSold or Long Entry Regions but do not show even 1 OverBought - Long Exit Regions.
Price falls after each Long Entry Regions 1 and 2. False Buy Regions.
Most of the traders have no clue on when to sell, if they buy at Entry Regions.
2. Remains in OverSold or Long Entry Regions for so long and Price is falling continuously.
As seen, entered into OverSold region @ Low of 2835 and finally came out of the region @ Low of 2808
Again, Most of the traders have no clue on when to sell, if they buy at this entry regions.
Either most of the traders will loose on profits, if at all they make or will make losses, as price is seen to be falling and no clear indication of Exit.
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Retracement and Reversal indicator
1. shows Red @ 2900 levels, RSI was not in OverBought Region.
2. does not show Green at Entry Point 1 and maintains Red. No false Buy Signals.
3. shows that this Entry Point 1 and Entry Point 2 are infact Retracements in a down trend as shown by "2. Single Level Retracement" - Gray regions.
For more about Retracement and Reversal Indicator check out details at
"Retracement and Reversal" indicator never predicts.
Reliance Retracing Down in an Up Trend.Only known to future*, if this Retracement continues further its way down and gets converted to Reversal - Down Trend.
Already showing lightest of GREEN in "3. Multiple Level Retracement" from 15th June - 1 pm.
*Retracement and Reversal never Predicts.
