The 2 possible reversal points marked... The upper reversal point has 0.886of the first upleg as a good support plus the 1.618 level of the last upleg as the support and the s2 traditional support and the outermedian line of the pitchfork.. the bottom support is the terminal reversal point for this the harmonic impulse, also supported by the ichimoku weekly kumo...
A bearish cypher in formation along with extreme bearish harmonic impulse @886.. The patterns are wonderfully following pitchfork price magnet theory.. The potential reversal zones of the bearish cypher perfectly matches the longer term Crab structure which propelled this upmove(shown later) And both the PRZ and the Limit for the extreme brearish harmonic impulse...
Bullish cypher with bullish divergence, a sweet spot for a blast.. Also the D point is cushioned in ichimoku kumo clouds and presently at pivot.. The uptrend's resistance is expected to be at the outerline of the pitchfork and 0.618CD of the cypher pattern, which coincides.. But i expect there will be a bit of correction i the lines of 10 to 15 percent after...
Graphite India is old economy stock having very good dividends payout track record. Trend is Bullish now & it is trying to come out above ichimoku clouds which will give us confirmation of bullish trend. It is above all simple moving averages now. Aggressive traders can take position at current price of 76.50 to 78 for medium term targets of target 1: 90 target...
1.Schiff pitchfork play 2.Bullish reverse divergence 3.price action taking support at weekly pivot qnd 0.382fibo 4.target to be driven to the S1 weekly and the 1.27fibonacci.. 5.Nice support from the ichimoku kumo, and the lag line is about to reflect up from a favorable position Disclaimer... Invested... this is not an investing/trading advice....
L&TFH has broken down Ichimoku Cloud with good volumes. Sell L&TFH around 154.45 with SL of 156.45 and Target of 149.20
HCC has broken with greater volumes on NSE below Ichimoku Cloud and with bearish indicators setup. SELL HCC at 30.35 with Stop-loss of 31.25 and Target1@29 and Target2 @ 25.80
Schiff Pitchfork ML play + traditional pivot and fibonacci systems used to find levels.... Kumo cloud of ichimoku is provided in the chart which is derived from the weekly chart.. There are 2 possibilities of the track of the price action to go, we will have to watch how the weekly pivot is held/broken... If the weekly pivot is broken the daily S3 support is...
MARICO traded in HIGH volumes on NSE today which broke above Ichimoku cloud. Buy MARICO at 312.80 with SL of 310. and Target of 322.5
Bitcoin is testing the 200 day Moving Average now. Next big test is the Ichimoku cloud resistance. Also MACD is closing the gap for price line. If it is crossed, bull run may begin. This is an exiting setup. I am closely watching it.
GBPINR is above Ichimoku Kumo and price action heading above Tenkan/Kijun signifying a BUY ONLY ABOVE 90.60 with Stop-loss of 88 and Target1 at 92.45, Target2@94 and Target3@96.45
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD 1.Bigger bearish cypher in formation 2.Smaller bearish butterfly/deepcrab in formation 3.Bullish reverse divergence in RSI 4.the current 382 green line in pitchfork will yield to the next blue line which has been a resistance before also on 12th march.. 4. Ichimoku kumo cloud 4hrs, resistance band upper limit is the...
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD Sorry, this was a late idea published as net connection was too slow to publish, i have been scalping the price since the cypher.. Now the plan is, as the bat that has formed mainly in the 5min time frame and has completed its effect , i expecta bounce from the ichimoku kumo cloud soon and to go grossly as the...
Nifty road map for 12 to 16 march using 30 min ichimoku chart.
SELL BELOW 1260 TARGET 1250/1240/1225/1205 SL 1275 (CBSL)
EURUSD on FOREXCOM exchange has taken support on ichimoku Kumo cloud and is on verge of breaking out. Buy above 1.241 with SL 1.22 and Target 1 at 1.27 and Target 2 at 1.31
Japanese YEN E-MINI Futures a strong buy candidate. Buy only at 0.0094850 as CMP is greater than this price, wait for the prices to come down to the support level. Keep a stop-loss of 0.0092490 and Target 1 at 0.0099290 and Target 2 at 0.016410. Daily and Weekly charts above Ichimoku Kumo signifying a clear BUY signal.
MINDTREE has yet again outperformed with 5.5% gain on NSE with 2.5 times volumes. Stock trading above Ichimoku Kumo with Rising ADX signifying a buy around levels of 836.5 with Stop-Loss of 820 on closing basis and for targets of 920. If trading in CASH segment, then keep the stop-loss at 802 on closing basis. And hold the stock for further up move. Please do...