BEARISH GARTLEY FOR BANK NIFTY
Atualizado
1) WICK OF CANDLE AT B CROSSES .618 RETRACEMENT OF XA BUT BODY DOES NOT CLOSE ABOVE THAT.
2) WICK OF CANDLE AT C CROSSES .382 RETRACEMEENT OF XA AND BODY IS AT .382 LEVEL.
3)CANDLE AT D HAS CROSSED .786 OF XA. BUT BODY HAS NOT CROSSED .886
4) PULL BACK FROM THIS LEVEL CAN BE EXPECTED.
5)POSSIBLE TARGET MAY BE .382,.5, AND .618 RETRACEMENT FROM C TO D.
STOP LOSS SHOULD BE ABOVE X.
SOME PULL BACK EXPECTED IF THERE IS NO GAP UP TOMORROW.
THIS STUDY IS FOR EDUCATIONAL PURPOSE ONLY
2) WICK OF CANDLE AT C CROSSES .382 RETRACEMEENT OF XA AND BODY IS AT .382 LEVEL.
3)CANDLE AT D HAS CROSSED .786 OF XA. BUT BODY HAS NOT CROSSED .886
4) PULL BACK FROM THIS LEVEL CAN BE EXPECTED.
5)POSSIBLE TARGET MAY BE .382,.5, AND .618 RETRACEMENT FROM C TO D.
STOP LOSS SHOULD BE ABOVE X.
SOME PULL BACK EXPECTED IF THERE IS NO GAP UP TOMORROW.
THIS STUDY IS FOR EDUCATIONAL PURPOSE ONLY
Nota
PLEASE OMIT DIVERGENCE(HIDDEN) IN THE OSCILLATOR. THAT IS NOT MEANT FOR THIS STUDY.THAT WAS FOR ANOTHER STUDY THAT I HAVE NOT PUBLISHED.
Nota
SORRY AS PER TARGET IT SHOULD BE MEASURED FROM AD..382 OF AD.
.5 OF AD AND SO ON.
Aviso legal
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