pranavkunavat

pranavkunavat

First of all 200 day EMA is acting as resistance and it has faced resistance in past also and 2 nd thing 0.618 lower side Fibonacci is also acting as resistance so it might fall , your stoploss should be 5 points above means 197 and target should be 38-50% of the trend applying Fibonacci

pranavkunavat

There is a completion of bullish Gartley pattern on BLS international , wait for the breakout of 50 DEMA targets are 115 and stoploss at below 72

pranavkunavat

There is a completion of crab pattern it might fall for short term till 38.2% or 50 DEMA

pranavkunavat

As it's the formation of bat pattern and its ultimate target is of 1.618 , so it might fall few pips before continuing its upper journey or else bcoz the market is already overvalued it may have made its top for this trend , just wait for the fall before buying