USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
AXIS BANK INR2, JAIPRAKASH ASSOCIA INR2.00(DEMAT), ICICI BANK INR2, IDEA CELLULAR LTD INR10, JAIPRAKASH POWER INR10, STATE BK OF INDIA INR1
Nifty, BSE SENSEX, S&P 500, Nasdaq 100, FTSE 100, DAX
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Copper
Bitcoin / Dollar, Ethereum / Dollar, BCH / Dollar, Ripple / Dollar, Litecoin / Dollar, Ethereum Classic / Dollar
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
GOLD (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
B Point has slightly exceeded 61.8% and hence the pattern doesn't comply with textbook Cypher rules. Around 9600 is point D.
As long as lower trendline holds, set up remains valid
May not be a text book WW
Price seems to be taking support at the channel top after breaking it, but is facing resistance at the downsloping trendline.
@crucial trendline resistance
A pullback may be due
Price at Lower median line of the schiff PF. High risk long can be initiated with SL below 8470.
possible AB=CD leg on downside. Need to see price action if gap filled.
Seems like having taken support at PF, ready for a run up.
Near PF support
Break of 8730 should foster the case