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NeeteshJain
7 de Dez de 2016 17:52

Educational 14: Formation of Harmonic (Real Time) 

ICICI BANK LTD.BSE

Descrição

It is been observed on the daily chart that the price action forms a two harmonic patterns.

1. Bearish Crab Pattern

2. Bullish Cypher Pattern

I have covered different harmonic patterns in the educational series which you may find in below attachments.

I shall be sharing an educational post on Crab and Cypher patterns by this weekend for better understanding.

ICICI Bank forming both the patterns on daily chart within an uptrend channel. A big move ahead.


Regards

Comentário

It was mistaken marked "Hammer Candlestick" as "Doji"
Comentários
rajesh2467
wow! thanks for educational posts.
NeeteshJain
@rajesh2467, Your welcome, let me know in case you need any pattern to be covered on my educational post. Regards
venkatattradingview
Excellent education series...could you please share the link for Educational 12 & 13....Thanks.
NeeteshJain
raj3elite
i have one doubt ?

why those numbers are appearing like fib ? 1.38 / 1.417 ?
NeeteshJain
@raj3elite, It is formed on the basis on Fibs Numbers. Regards
raj3elite
@NeeteshJain, sir is there any fixed points should make ? like fib points 38 / 60 / 50 / 70 ?
NeeteshJain
@raj3elite, Yes, it is defined as per the patterns. Regards
raj3elite
@NeeteshJain, Thanks sir....
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