Nifty
Hello and a warm welcome to this analysis on NIFTY
It has activated a Bullish Harmonic Reciprocal AB=CD at 17835 which also coincides with hourly time frame Ichimoku kumo support.
As long as it sustains above 17790 it now has the potential to rally till 18200-18300.
Harmonic Patterns are based on patterns which have specific ratios which signal reversal of trend. Here we can see price action suggest a reversal as well indicator based system identify a support base.
With a Risk of 60 for a Reward of 140/240 the bullish trading strategy appears to be a good one
It has activated a Bullish Harmonic Reciprocal AB=CD at 17835 which also coincides with hourly time frame Ichimoku kumo support.
As long as it sustains above 17790 it now has the potential to rally till 18200-18300.
Harmonic Patterns are based on patterns which have specific ratios which signal reversal of trend. Here we can see price action suggest a reversal as well indicator based system identify a support base.
With a Risk of 60 for a Reward of 140/240 the bullish trading strategy appears to be a good one
הערה
Raising trail to 17900הערה
1st target done, trail raised to 17975 for 2nd target
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.