Search in ideas for "harmonic"
Banknifty Harmonics and price actionLook for buying opportunities near green trend line support ONLY (37400-37450) with sl of 37300 for a target of 38300.
NEAR 38300-38350 AFTER SEEING ANY BEARISH CANDLE of 15 minutes go for harmonics target of 36700 . Try taking oct mid expiry 37000 put. With sl of 38500 only. Risk to reward is very much favourable.
Wait for the price to reach our levels.
bearish harmonic shark pattern at $28shark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
final target=2.24 BC=$28
$Nikola reversal possibility with cypher harmonic patterncrab harmonic pattern:
3-4=0.61 X-3
4-5=0.38 3-4
tp1=2.6 4-5=$10
It could be a sufficient target because it makes a reversal cypher at this price with a high volume
tp2=3.6 4-5=$5.27
tp3=1.6 X-3=$4.33
cypher reversal:
AB=0.38 3-A
BC=1.41 AB
tp1=1.27 BC=$41
tp2=0.78 XA=$62
tp3=2 BC=$94
$Stri targets with the cypher harmonic patternCypher harmonic pattern targets:
AB=0.61 XA
BC=1.41 AB
tp1=0.78 XA=$0.74
tp2=1.27 BC=$0.87
tp3=2 BC=$5.1
other possible targets:
tp1=0.88 BC=$0.34
tp2=1.6 BC=$2
the targets of $Plug with harmonic patternsXABC is a butterfly harmonic pattern:
AB=0.78 XA
BC=0.38 AB
tp1=1.6 BC=$62 *reached*
tp2=1.27 XA=$134
tp3=2.24 BC=$325
other targets with X345 cypher or shark possibility:
tp4=1.13 3-4=$94
tp5=1.41 3-4=$155 *more likely*
tp6=1.6 3-4=$220
since other targets of butterfly are higher than $75 the price zone of could not be dangerous, but be careful at this price zone.