Market Matrix One of the Most Important factor that Counts is How do you recognize the Market behavior's ,
How do you justify the Move is relatively valid based on the Knowledge you have
What are the determining factors in the Market Patterns
Lots of Questions arise when you put your live account on the trade with small Understanding
this is one of the Complex Patterns where many fails to see before it unfold , Which we call it as Market Matrix
Hope You will see the Pattern unfolding in the manner i have made reasonable forecast
Good luck
IOC trade ideas
Focus on IOCIOC was formed a symmetrical triangular pattern and about to break upside (more possibilities), as the delivery percentage seems very high compared to last few sessions.
For aggressive trader - Go long once opens & sustains above 74 in 30 mins time frame. Others can wait till it retraces & takes support on traingular pattern, which was acted as resistance before.
Targets given,
Happy trading.
IOC Price cycle patternCycle repeat itself again and again. IOC is repeating same pattern in certain time period with certain number of candles +-5% error on number of candles some time.
So If you deduce the price then deduce the time as well then you will find the exact trend of price with time else you will not able to identify big moves.
SELL 110 Call and Buy 115 Call bearish call spread
Else create bearish put butterfly