Gail Trade Setup.
There's two Harmonic Pattern (Crab & Gartely ) has Mid point B - 61.8% retrace of XA. In this case, this one is not Gartley caused of the price crossed over the 0.786 of XA leg. Let's talk on a Crab pattern: Int roduction of Crab: The critical aspect of this pattern is the tight Potential Reversal Zone created by the 1.618 of the XA leg and an extreme (2.24,...
There's not best stoploss to create long position on this journey that why i am just wating for confirmation. Best of luck.
I've already entered in long at 368 with an alert on 29 Jan 2021. I hope that you will get entry-level as mentioned on the chart at wave 2 retracement of wave 1 but I don't suggest holding position if the price falls 375 below. This setup has higher risk and rewards 1:6 or 1:8 because of wave (3). Check out the long-term chart.
How do you determine the end of the Throw-over(under)? The price is upper trendline & recent volume is declining which is an indication that the End of The wave will meet . But this chart has not volume data cause of spot nifty. You can check out volume changing into future nifty. Let's try to look closely sub-wave of Primary Rounded donated 1 W. The parallel...
The price is finding the number of 4rth waves to stop and will travel for the 5th wave which exists at 388 nearby(38.2% retracement) or 360-378. Let's assume that the 5th wave still remains then, the target should in the step by the previous important level as 468/488/506.
This stock price moving to 2193 and 2235 as target. As per the Daily chart the correction can be 2250-2230. EW on Weekly chart Daily
Sell, below 14720 for targets 14576 and stoploss 14740 This trade was achieved by us.
The following points are confirmation for U-Turn . The volume will decrease if stock wants to change the direction OR, Volume will be average vol. We will see the tail end of last 2 candles after a surge in price (approx. upto 491.8) The currently TATASTEEL is trading in up-tren d, but time-Cycle(iii) is the negatives in time. The previous support...
This Research is not completely finished yet. Weekly: Daily Nifty:
In the previous posted idea, I've outlined about the Break-Out of parallel channel and New High. The price is 14623 which is little far from ATH(All-Time-High 14653). I hope that you could understand what am I writing in my idea. If you could have got me, Profit can be 185 points calculated from breakout. Thank you all who always support me. The Previous Update:
Focusing on the entire range of the PRZ(14100-14188) . However, the price falling, therefore our next target 2AB = CD 14188 and BC projection 14128. Short sellers should be very careful at Potential Reversal Zone if the tail is detec ted. I hope that you have checked out my previous nifty update.:
Resistance 14500 nearby last one 14534 The price can fall up to 130-180 points from these levels.
The impulse Phrase is finished and correction is taking place. Wave 3 of wave c from the correction phrase is going to be done, we just need the ending point of wave 4, so we can ride on wave 5.
We found that a price is frequent spending more and more time between "Upper-Band" & "Gravitation line". In other words, a price staying much of time between "Upper-Band" & "Gravitation line". Look at the upper-bank has 6 touches. We are seeing no activities between the lower band and control price. that why we concluded that if price breakdown gravitation line...
It is clear from these two figures that this method can be used in both trading and investing. I will upload part 2 with more details.