There's a H&S on the 1hr time frame not sure it will work or not bcoz there's a bearish pin bar closed at the weekly time frame. price halt at 50% retracement so the chances is either side fifty-50 but, the move will be strong enough to archieve any of the target price follows in a short period of time. also another point is that cci making a bearish divergene on...
Bharti Airtel break its support @ 355 and it is closed below 355. It may test it's next support @ 340 then 335. The trend will be change if it will sustain above 355 and close above this level.
Bearish Shark pattern on Hourly Chart of AIRTEL. SELL 354-355, SL 357.1, Target(s) - 352, 350.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
Bearish Bat pattern on Daily Chart of AIRTEL. SELL 352-354. My last AIRTEL idea did not work, which was a 0.786 retracement. In the meantime I'm getting better results in the 0.886 retracement patterns than the 0.786 retracement. Let's see how this one fares, and learn more about which Harmonic patterns give sound results without much pain.
I starting learning...
