Nifty -- Potential Bearish Gartley -- Bulls be careful !!!
Hi,
A potential bearish Gartley pattern completed on nifty with RSI divergence.
Price action may give us a nice opportunity for an extended target which will be the completion bigger BAT pattern in the picture.
Target 1 - 10713
Target 2 -10601
Target 3 - 10421
Target 4 (extended, completion of bat pattern) - 10065
Trade with care,
Gulz.
A potential bearish Gartley pattern completed on nifty with RSI divergence.
Price action may give us a nice opportunity for an extended target which will be the completion bigger BAT pattern in the picture.
Target 1 - 10713
Target 2 -10601
Target 3 - 10421
Target 4 (extended, completion of bat pattern) - 10065
Trade with care,
Gulz.
Dagangan aktif:
price action broke the rising trend line
Dagangan aktif:
i'm on learning stage of elliot wave theories, but one thing -- if nifty on 5th wave and if reversal happens from here based on this pattern, there is a high probability that a truncated 5th wave will initiate sharp fall and coming days will b in favor of bears.. lets wait and see.
Dagangan aktif:
Not bad !
Komen:
broken 10800 level
Dagangan aktif:
Last low @ 10755.45
Happy weekend & Eid Wishes to All
Happy weekend & Eid Wishes to All
Dagangan ditutup: sasaran tercapai:
TP1 Hit
Komen:
Komen:
channel broke
Komen:
Going well
Dagangan ditutup: sasaran tercapai:
TP2 Done, Last Low @10566
Komen: