17450 TO 17464 is resistance area for nifty 50 according to harmonics. on 28 feb 2023 you can open short in this area if option chain holds enough call writing on level of 17450.
Cryptos are crashing like anything.
I’ve used XABCD pattern along with ABCD pattern to find the the support of Bitcoin using Harmonics.
I’m expecting 35-40% more shedding of Bitcoin and may find support at precisely10600-10300 USD.
Target from there shall be atleast 41500.
This analysis holds if it breaks 16400 on daily closing.
Cryptos are crashing like anything.
I’ve used XABCD pattern in conformation with ABCD to find the support of Bitcoin by Harmonics.
35-40% crash is still left.
Shall buy at the bottom.
10300-10600 USD may be very precise range for bottom, (8.3-8.6 lacs- INR)
Going to be a Buy soon.
Posting in advance for ample time to enter the trade.
Simple Harmonics.
TGT1/ TGT2 as marked.
SL can be a little lower than marked. (atleast try keeping a 1:2 Risk reward).
Disclaimer: These are my VIEWS only. Donot enter blindly. Analyze and if you agree then only enter pls.
Note this is a short term/ positional trade.
I will be...
Crude nearing a strong support after its free fall
Effect of US intervention may be the reaction of the crude market
It is a trendline support, we hope it will reverse
Also it forms a Bullish BAT harmonic.
HDFC Bank spot CMP :- 1687
Elliot wave + Harmonic + Chart patterns + Price action.
Time Frame : Daily
Chart Patterns :- Rising contracting wedge formation on larger scale, with demand line around 1590-1600 levels, act as good support for the counter and supply line around 1800-1830 which would act as strong resistance levels,,
Symmetrical triangle formation (...
not only the present price action is at the Base of a extreme bullish harmonic impusle, but also the 0.5mini median line of the pitchfork and the S1 monthly support in the traditional system of pivots..
Following the price magnet theory of the pitchfork, we should retrace back to the median line of the pitchfork, the extreme bullish harmonic impulse@886 must...
We can see a strong breakout on monthly basis in " Apollo Hospitals ". The current monthly candle is undergoing a retracement to test the level of breakout. If the breakout is genuine, after retracement, there will be signs of bullish reversal. This indicates that the current trend is about to continue and for that I've used the ABCD pattern of Harmonics to find...
Long time Trendlines break in LT Finance and seems to be a Bearish Bat formation in play (Harmonics), can be a good investment bet for 6months to 1year.
In this article, we will examine the current chart of Aavas Financiers Ltd. (NSE:AAVAS) and explore two prominent harmonic patterns: the Bat pattern on the weekly chart and the Black Swan pattern on the daily chart. Additionally, we will analyze the Relative Strength Index (RSI) on both timeframes to gain further insights into the potential market direction and...
Upon analysing the Gold in Daily timeframe, Gold have retraced 0.61% of high-to-low. now Gold is facing resistance even receving great momentum from 52 weeks low. seems like Gold will do a retrace to 1920 level before initiating another bull run.
Note: in smaller time frame (1 hour / 4 hour) chart also indicated that Harmonics point D (PRZ - Price reversal Zone)...
breaked his higher high started to new target its conformed in harmonics ABCD pattern target will all this is not a recommendation just for educational purpose only.
