Get started

Search in ideas for "harmonic"

Pidilite Harmonical ShortPidilite has formed Deep-Crab Harmonic Pattern, look for short opportunity. Entry : 1260 <=> 1270 Range Stoploss : 3% (Closing Basis) Basic Target: 1180 *Idea by Anand Sagar* if you have any queries regarding above idea or any other stock feel free to D'M On Holi We launched, TruStox Community a community driven platform for Traders with almost all features that a trader needs. Here are some of them:- Regular Study Conferences Collective Fundamental Research Access to Tools from Trader's Toolkit & many more. For More information : Click Here! Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
NSE:PIDILITINDShort
by TruStox
NIFTY BEARISH SHARK HARMONICS PATTERNBearish Harmonics Shark for #nifty chart on a daily time frame ... Where 1.27 suggests an exact stop at 15640 Cmp is exact 1.13 which is 15435 a risky trade though... Let's see what has been hidden for us for next week expiry 🤞✌️👍 Note: Also, I've found a rising wedge, which suggests a min. retracement of 15k and max to support 1 viz., 14200 range (very unlikely to this range though). Max I see is up to 14800-900 only though...
NSE:NIFTYShort
by kskanth32
# KOTAKBANK Bullish Gartley harmonic patternWe can distinguish six basic harmonic patterns: 1.1 Gartley 1.2 Butterfly 1.3 Crab 1.4 Bat 1.5 Shark 1.6 Cypher How to Trade the Gartley Chart Pattern The Gartley market strategy like any other harmonic pattern is a four-leg reversal pattern that follows specific Fibonacci ratios. A proper Gartley chart pattern needs to fulfill the following three Fibonacci rules: AB= retrace to 0.618 Fibonacci Retracement of XA leg; BC= minimum 38.2% and maximum 78.6% Fibonacci retracement of AB leg; CD= Poses a target between 1.27 – 1.618 Fibonacci extension of AB leg or an ideal target of 0.786 of XA leg. The Gartley harmonic shares some similarities with the Butterfly Harmonic Pattern . Step #1 How to Draw Gartley Pattern To learn how to draw gartley pattern simply follow step by step guide – see figure below for a better understanding of the process: First, click on the harmonic pattern indicator which can be located on the right-hand side toolbar of the TradingView platform. Identify on the chart the starting point X, which can be any swing high or low point on the chart. Once you’ve located your first swing high/low point you simply have to follow the market swing wave movements. You need to have 4 points or 4 swings high/low points that bind together and form the harmonic pattern strategy. Every swing leg must be validated and abide by the Gartley Fibonacci ratios presented above. Step #2: How to Trade Gartley Chart Pattern: BUY at Point D which should satisfy the requirement CD = 1.272 – 1.618 of AB leg. Step #3: Place the Protective Stop Loss below wave X Step #4: Take profit equals the same price distance of the XA swing leg as projected from the D point
NSE:KOTAKBANKLong
by Fibonacci_Club
Nifty next support 10600, completes triangle harmonic pattern Nifty is forming a triangle pattern. This triangle pattern Nifty has followed earlier as you can see on the chart. Nifty normally retraces from 78.6 % Fibo levels, but a triangle harmonic pattern is very strong. And if Nifty sticks to this harmonic pattern. Hence, this triangle pattern ends at 10600 levels, which Nifty will complete its triangle pattern. However, if Nifty breaks 10,600 then the next support is 10,000 odd levels. On the option chain already 10,000 strike price contracts have started seeing action.
NSE:NIFTYShort
by Muku1984
3
Educational 14: Formation of Harmonic (Real Time)It is been observed on the daily chart that the price action forms a two harmonic patterns. 1. Bearish Crab Pattern 2. Bullish Cypher Pattern I have covered different harmonic patterns in the educational series which you may find in below attachments. I shall be sharing an educational post on Crab and Cypher patterns by this weekend for better understanding. ICICI Bank forming both the patterns on daily chart within an uptrend channel. A big move ahead. Regards
BSE:ICICIBANK
by NeeteshJain
9