Pinbar broken with strength Retraces from 61.8 levels Crossed 38.2 fibo CCI(M) crosses 100 CCI(all) > 100 TGC is aligned Crossing 7431.2 is a must for target 8645 SL 6270
Requires another strength candle to form the highest high This willcause a Reversal confirmation
445.30 - 459.80 Bridge Candle Gap C> 459.80 needed to reach conductive zone
Next target 230 Can be good entry on retracements to 180 CCI(all) > 100 Duration: 1.5-2 months
Next target 230 Can be good entry on retracements to 180 CCI(all) > 100
1400.40 - 1405 Bridge Candle Zone Once crosses 1405 with strength candle will move to 1603 CCI(D) > 100
This can be a range of accumulation Binet's Formation Detected
Reversal Confirmation Retraced from Fibo Level Support from EMA 5 CCI(all) > 100 CCI never goes in CCI-S zone! Pinbar Broken with strength on M chart
Can easily touch 181.80 Which is also a near 38.2 fibo level Risky stock it moves in gap series only Reversal confirmation
Importance of a fibonacci level It causes resistence for the retracement Stock touched 38.2 fibo level and then got rejected with strength
1) Form a box, from the wave starting emcompassing bodies 2) Since none of the BoxBO are yet complete 3) Start the point low candle where CCI34 crosses above -100 till current High with Fibonacci Extension Tool 4) Tool will give you the targets 117.45/128.45/146.30 5) For duration count the candles from CCI crossing > -100 will CCI>100 Here 27 candles acumulation...
Target 1139 / 1273 SL 922 Wave (3) seems to be on the onset soon
Target 1139 / 1273 based on fibo and conductivity logic SL 922
Target 1139 / 1273 based on fibo and conductivity logic SL 922