Bearish Cypher pattern seen in crudeoil 7-10-2022It is Bearish Cypher pattern crudeoil daily tf can give good fall from coming weeks.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. If you follow diagonal trendlines you can take entry and exit easily.
(Color code for diagonal trendlines: green - bullish , red - bearish , black & violet reversal points, Color code for horizontal lines: Red - Sell, Green - Buy, Blue - targets, Black
Gann Fan
NIFTY 50 "Cypher Harmonic pattern"Since several months Nifty 50 on Expanding Triangle, recently it tried to breakout but it starts to retraced to the correction, hence it formed a "Cypher harmonics pattern" and i expecting the massive reversal for the coming weeks, as im expecting the targets below
Target 1 - 17582
Target 2 - 18091
Target 3 - 18917
If you have any thoughts leave it in the comment section.
Bullish Bat in MCXRules of bullish bat
B retraces 0.382 to 0.5 of XA.
BC retraces 0.382 to 0.886 of AB.
CD is a 1.618 to 2.618 extension of AB
D is at a 0.886 retracement of XA
But in our chart there will be small differences and deviation but according to the adjustments the ratio need to be matched .
However with perfect ratios it is rare to find but most of the time with some deviation it works
Bullish Bat in hdfcRules of bullish bat
B retraces 0.382 to 0.5 of XA.
BC retraces 0.382 to 0.886 of AB.
CD is a 1.618 to 2.618 extension of AB
D is at a 0.886 retracement of XA
But in our chart there will be small differences and deviation but according to the adjustments the ratio need to be matched .
However with perfect ratios it is rare to find but most of the time with some deviation it works
HLong
BankNifty - Bullish Gartley from Bottoms at 38492Stoploss - 38531
Target
39000
39600
Bullish Gartley seems to be hiding in the price structure. If Index holds key level of 38531 & 38492 then we expect Index to push upside towards 39000 & 39600 in next few sessions.
Hope you did your due diligence at the tops of 41840's & enjoyed the tops from last idea. Check the related idea below.
Thank You
Supportive trendline with counter trendline breakout
**New setup-
** Supportive trendline with multiple touches and counter trendline for breakout confimation
** Lower high formation ( bullish trend) > pattern on supportive trendline will work ( probability-83%)
** here a triangular pattern or we can say counter trendline breakout
** Stop loss- below the bullish candle (11























