GauravLB

GauravLB

What is the Cypher pattern? The cypher pattern is an advanced harmonic pattern that, when traded correctly, can have a truly outstanding strike-rate as well as a pretty good average reward-to-risk ratio. The cypher is a five-point pattern, composed of points XABCD. It is easy to spot on a chart due to its characteristic wave-like look, displaying either rising...

GauravLB

What Is a Pennant? In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement - in the same direction as the initial large movement, which represents the second half of the...

GauravLB

HUL on discount Buy for LONG Simple PRICE ACTION .

GauravLB

SBIN on discount!!!!!!!! PRICE ACTION & nothing else

GauravLB Updated 

Simple PRICE ACTION analysis can take position ,keeping v.v.small stoploss

GauravLB

The Chart is self explanetary Though we would have entered at NECKLINE breakout...still MA Cross indicated another confirmation.. can take position for next 2-3 week

GauravLB

RULES TO KEEP IN MIND:- A visible uptrend must take place before the diamond top formation. The diamond top formation must be well stated with four trend lines that links to each other. They should not be far apart from one another. Place a sell order at the market after a break and close beneath the uptrend close to the finishing of the pattern. Traders often...

GauravLB

Chart is very basic, all we need is ENTRY opportunity It has potential to give 1:5 :: R:R Good time to enter.

GauravLB

there is nothing much to discuss, lets keep the chart as simple & clean. retracement move is over, as MORNING STAR in GOLDEN ZONE , third touch in the same zone is added advantage to our analysis. You can simply either enter the trade keeping stop loss slight below 0.618fib. No need of any EMA/MA/RSI/MACD in the CHART.

GauravLB

Bullish Gartley (Harmonic Pattern) Formed On Weekly Chart. Target Should Be As Per Fib Levels & Signals Generated On Levels

GauravLB

1. MARKET is clearly UPTREND 2. 50%FIB acting as now SUPPORT which was previously a RESISTANCE 3. SIGNALS formed at 50%FIB (SUPPORT):- (i) PINBAR:-at the TROUGH of LEFT SHOULDER(confirmed by 21MA cross) (ii) BULL.HARAMI :- at the TROUGH of RIGHT SHOULDER(confirmed by 21MA cross) WHAT NEXT? INVERSE HEAD & SHOULDER has allready given BREAKOUT @...

GauravLB

1. On WEEKLY/DAILY time frame it is clearly an UPTREND 2. Currently its in RETRACEMENT MOVE. 3. RETRACEMENT MOVE got rejected at 61% FIB 4. At 61% FIB :- Previous RESISTANCE becomes SUPPORT 5. Aslo BULLISH PENANT pattern can be observed Thus a breakout either of PEANANT PATTERN or 51%FIB or takings SUPPORT either at 50%FIB or 61%FIB ​would be a good sign of...

GauravLB

Daily chart analysis shows cup n handle is about to break in coming days,if added to portfolio for around 2months we can expect 30% rise.