Disclaimer.. Invested and accumulating again Not an investing/trading recommendation the previous redistribution idea was a early call, the lpsy was formed later on on the subsequent peak, and the lpsy mentioned in this idea was the penultimate peak... https://in.tradingview.com/chart/PTC/O4HQSX29-PTC-INDIA-Wyckoff-Distribution/ Revision of the supports done
....... Plotted & Mentioned ........ CHART. If this post enriched your knowledge & helpful for trading, Please don't forget to Hit / Click Like button. Your likes are the only motivation to post better ideas in future. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. All patterns have are not fulfilled 100% criteria.
1) Triangle Breakout on the downside 2) Lower tops Lower bottom is seen on the chart 3) Can be shorted at the end of wave D (Around 118 level) which is assumed to be end at 61.8% Fib level with a target of 100 where there is a demand zone 4) Also to look out for is RSI which is taking a support at 35
INVESTMENT Arena: PTC Various PATTERN in Single Chart. #1. Bearish BUTTERFLY, #2. Pattern "W", #3. AB = CD, #4. CUP-HANDLE. INDICATORS & OSCILLATORS Signals UP-TREND. Daily View With BUY ENTRY Levels & ST, MT & LT Targets will published LATER. Check Time-Line Regularly or as you wish. If this post enriched your knowledge & helpful for trading, Please don't ...