Reverse_Trading

Reverse_Trading Updated 

Here the chart gives the strong support area It is observed that the Buying pressure is increased There may be a chance of rebounding to $0.8 ~ $1. Note: Information here for study purpose

Reverse_Trading

My view on the market is BULLISH, but following observations are important: A Bearish WEDGE pattern formed and is shown in the chart The Bearish RSI divergence also supports above formation If there is only a small correction, then the levels of corrections may be between the given Green lines. However, if it cross the trendline above the price action candles,...

Reverse_Trading

The trendline shows here is important The upper and lower expected immediate targets given A Harmonic reverse point is also shown. Information for Study

Reverse_Trading

If cross above the trendline possible to reach 17900 Otherwise the support levels are given as green lines

Reverse_Trading

Red lines are the expected resistance levels if the present trend continue Black lines are the central pivot lines Green lines are the expected support lines if it reverse from D. If gap down opening, 17295, 17110 are the expected support levels.

Reverse_Trading

Nifty continue bearish trend A gap down can expect tomorrow following global cue Expected support levels are shown. Each breakdown may move next below levels shown with green lines Note: For study purpose only

Reverse_Trading

The chart shows the price near to the Resistance level Note that once a 38% retracement is taken place. Now it can be either a breakout from the present level or correction Note: For educational purpose

Reverse_Trading

The chart is very clear about its reversal point Analysis with the harmonic pattern gives 70 ~ 80 % accuracy The unexpected behaviour can occur during unexpected events or news Note: Information given here for educational purpose

Reverse_Trading

A harmonic chart developed at the closed price area A temporary bearishness may develop

Reverse_Trading

The given chart is prepared in the Month of November 2021 It can be seen that the chart respects the price actions. How strong the Harmonic patterns !!! See the next chart where it can see the strong support Note : All information here for study purpose

Reverse_Trading

The chart clearly explain various observations. All are possibilities and the reasons are given. Note: The information given for study purpose.

Reverse_Trading

A bearish Harmonic chart presented for the study purpose. The chart gives the retraced picture. Reached very near to the Golden ratio. To show the accuracy of the chart

Reverse_Trading

The Day chart shows the current level is near the resistance and there is a Bearish Harmonic pattern in which the reversal point is very near the resistance line makes another confirmation that it may reverse soon. Note: The information given here is for study purpose.

Reverse_Trading

The given chart shows exactly reversed from D How beautifully follows the Harmonic pattern 730, 844 are near expecting levels The price may go further up depends on the pharma index To learn more about harmonic chart, comment Note: Information given here is for Study purpose

Reverse_Trading

Crude reverses from near the harmonic reverse point as in the chart It is to show the effect of harmonic chart One can expect good Risk Reward Message for details Note: Information given here is for Study purpose

Reverse_Trading

There are few reasons for the above observation, They are : 1. There is a Bearish Bat harmonic pattern formed. Only a small correction happened 2. A Head and Shoulder pattern formed which gives a bearish signal 3. A cup and Handle pattern also formed which gives a bearish signal 4. A triangle pattern can be seen. It is in the way of downward breakout, and, 5....

Reverse_Trading Updated 

The chart shows the H & S pattern There is a Harmonic pattern also exists An EMA cross confirms bearish trend A Flag is another additional confirmation.

Reverse_Trading

The Harmonic charts are shown in the chart showing the expected levels Out of three different Harmonic charts, two gives the same reverse point. The EMAs are favor of current Bullish Expected retracements are also shown The data given here is for STUDY purpose.