Whether break out sustained ?
BEARISH GARTLEY PATTERN ZONE OF COMPLETION OF PATTERN AS WELL AS PROBABLE ZONE OF REVERSAL BETWEEN 526 - 546. LET SEE WHAT HAPPENS ??
BEARISH DIVERGENCE ON RSI ON WEEKLY CHART OF NIFTY. NICE FIBONACCI EXTENTION CONFLUENCE OF 1.272 & 1.618 BETWEEN THE ZONE OF 10375 - 10391 WHICH MAY ACT AS RESISTANCE. SO WHAT ???? EXPECTING SOME PULLBACK OR CORRECTION. WHO KNOWS WHAT'S NEXT ??? LET SEE WHAT HAPPENS IN THIS UNPREDICTABLE MARKET !!
HARMONIC
ABOUT TO BREAK BERMUDA TRIANGLE :)
HARMONICS
WILL IT MAKE OR BREAK ??
GARTLEY WEEKLY
MAKE OR BREAK ??
Waiting for some pull back after double top until 61.8 % retracement, then good opportunity for shorting it. Blue zone are respective support zones.
Will it break the resistance ??? OR will it come down ???
Double top formed on 30 minutes chart of Tata Motors. We have to wait for the break out below the neck of the double top pattern i.e. 389.30 Now we have to use fibonacci retracement from swing high i.e. time 13:45 price 393.95 to swing low i.e. time 14:15 price 387.20. In majority of the cases it will have retracement upto 0.618. We have to put limit order sell at...