Prankurfibo

Prankurfibo

Fibonacci Circles with wedges..there are three points of concern.. 1.high to low & low to high circles made with ther crosses made suport/resistance on lower & upper part. 2.low to high wedge made support with below line of wedge similarly high to low wedge are resistance with upper line of wedge. 3.circles crosses should be noted inside wedges & outside wedges.

Prankurfibo

Fibonacci Circles with wedges..there are three points of concern.. 1.high to low & low to high circles made with ther crosses made suport/resistance on lower & upper part. 2.low to high wedge made support with below line of wedge similarly high to low wedge are resistance with upper line of wedge. 3.circles crosses should be noted inside wedges & outside wedges.

Prankurfibo

Fibonacci Circles with wedges..there are three points of concern.. 1.high to low & low to high circles made with ther crosses made suport/resistance on lower & upper part. 2.low to high wedge made support with below line of wedge similarly high to low wedge are resistance with upper line of wedge. 3.circles crosses should be noted inside wedges & outside wedges.

Prankurfibo

I compared nifty hiekinashi chart with simple candlestick chart...i found that when LH-LL made then it is a possible of gap down position & when HL-LH made then it's position of gap Up position also noted that it is above Supertrend indicator or below

Prankurfibo

Chart Analysis using Fibonacci Spiral & Fibonacci Retracement.. Fibonacci Spiral is placed between LL to HH & HH to LLfrom down to up & from up to down.. whenever it cuts the pivot boss(indicator) levels thenthen it act as Support & Resistance from down to up move & up to down move