What is a ratio Chart: Ratio charts play a significant role in technical analysis, offering valuable insights to traders and investors. These charts display the relative performance between two assets or indices by comparing their price movements. By dividing the price of one security by another, ratio charts provide a visual representation of their...
As described on the chart, the candle on 31st March indicates a bull market. Below are the reasons why i expect a reversal and looking at a trap: 1. Linear Regression - 2 Standard Deviation(SD) - Price approaching a 2 SD point which indicates a 95% probability of a reversal. 2. Pearson's R coefficient indicates a strong correlation with 91.4% supporting the...
Technical Indicator - William Fractal Setting - 20 period About the Indicator : William Fractal is a technical analysis tool used by traders in financial markets to identify potential turning points and trends. It is based on the concept of fractals, which are self-similar patterns that repeat themselves on different scales. The William Fractal is formed when...
Bank Nifty on HTF is following the Elliott wave theory. Basis the theory, a corrective wave is expected and that is exactly what the Option Data indicates as well. However, trading against the trend isnt the best way and hence i suggest we wait for the Level shown on the chart before you invest. This is my idea and for educational purpose only. Let me know...
A clear harmonic pattern has formed on DTF on Kotak Bank. The buy, Target and SL Levels are as mentioned below XD - 78.6 - 88.6 level - Great level to buy. Targets: 1st Target - Level B 2nd Target - Level A 3rd Target - Level c SL - 1600 Leave a comment on any suggestions or feedback and happy to discuss the same.
Nifty has given a H&S breakdown and is looking weak. 18200 is a strong zone. 17100 is my target and a potential reversal zone.
The Elliott Wave theory can be a powerful tool for traders, but it's important to remember that it is just one approach to market analysis and should be used in conjunction with other technical and fundamental analysis methods The levels are marked as shown on the charts and looks like a corrective wave. Using fib levels to draw a forecast, the supply areas &...
As shown on the chart, the levels are marked using Fibonacci and harmonic patterns. Hence, the supply zone seems strong. A good rejection from the supply zone, the targets are as mentioned on the chart. This is my view and not a financial advice.
The connecting trendlines are as shown on the chart. The buy price is above 2700 on Daily close basis. Keep a watch on this and the big show is ready for a run. Let me know your thoughts in the comments section.
Bitcoin has seen a change in Polarity of a trendline. The volumes are supporting as well. Lets see if the Run is bull or a Fake out. Let me know your thoughts in the comments section.
Hello All - My view on Nifty is as shown on the chart. Targets and Area of strength is depicted on the chart. Let me know if you think otherwise in the comments section below. This is my view and for educational purposes only.
Channel is as marked on the chart. Breakout, target & SL is as shown on the chart This is my view and for educational purpose only
The analysis is as shown on the chart. This is my view and for educational purpose only
The pattern and targets for breakout and breakdown is as shown on the chart. This is my view and for educational purpose only
As shown on the chart, an evening star pattern is formed on WTF with good volume. Targets are as mentioned on the chart. This is my view and for educational purposes only Let me know your thoughts in the comments section below
Analysis is as shown on the charts. This is my view and for educational purposes only.
An inverse H&S has formed on the chat and the analysis & Target is as shown on the Chart. This is my view and for educational view only.
The analysis is as shown on the chart. This is my view and for educational purpose only Alert me know your thoughts in the comments section below.