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Harmonic Patterns

EURUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Long
by okako_trading
XAUUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
OANDA:XAUUSDLong
by okako_trading
Bitcoin (BTC) Technical Analysis for the Week of May 26 - June 1#Current Price and Market Context (as of May 24, 2025): Price: Bitcoin is trading around $103,000–$111,000, with recent consolidation near $103,000 after facing resistance at $105,000. Market Sentiment: Bullish, with the Fear & Greed Index at 78 (Extreme Greed) and 28 technical indicators signaling buy versus 6 bearish signals. Volatility: Bitcoin has shown increased volatility recently, with a 0.94% daily volatility estimate. # Forecast for Next Week (May 26 - June 1, 2025) --Bullish Scenario: Probability: High (based on 73% bullish market sentiment and technical indicators favouring buy signals). Price Target: $124,000–$127,000, with a potential push toward if resistance at $105,000 is decisively broken in weekly time frame Catalysts: Continued institutional inflows (e.g., $6.9B in U.S. spot Bitcoin ETF inflows over three weeks). Sustained trading above key EMAs and support levels ($103,000–$106,000). Bearish Scenario: Probability: Moderate (due to overbought RSI and recent resistance at $105,000). Price Target: A pullback to $100,000–$103,000, with a deeper correction possible to $95,000 if support at $103,000 fails. -- Disclaimer -- This analysis is based on recent technical data and market sentiment from web sources and X posts. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
Long
by renderwithme
Bearish Setup Loading on Solana? Bearish Setup Loading on Solana? Watch This Key Level Closely Solana just retested the breakdown zone after losing key support — currently sitting in a danger zone. Short Interest Zone: $180 – $190 If this area holds as resistance, we could see another move below $150 soon. Bearish Setup Invalidation: Break above $200 will flip this bias. Long-Term View? I’m still super bullish on SOLANA in the bigger picture — my long-term target remains $1000 🚀 Risk Management is Key Never trade without a STOP LOSS — protect your capital. This is NOT financial advice — DYOR before investing. Let the chart guide you, not emotions. Stay sharp.
Short
by CryptoPatel
2
CSB Bank Short Term ViewBreakout above 365 on Closing basis. Volume: Volume is less than previous session by 12.67%. Volatility: ATR% of the stock is 3.46% Average of last 20-day is 4.01% Moving Average Observations: Price remains above 200-day Moving average. Price above 50-day, 100-day and 200-day Moving average. RSI Observations: The Daily RSI indicator has remained above 50. This is a bullish zone. Current Daily RSI reading is 60.95. The Weekly RSI indicator has remained above 50. This is a bullish zone. Current Weekly RSI reading is 64.27. The Monthly RSI indicator has remained above 50. This is a bullish zone. Current Monthly RSI reading is 58.48. ADX Observations: The Daily DMI position remains bullish. The Daily ADX fell by -1.36%. Current ADX reading is 19.03. The Daily distance between DMI lines is 27.01%. The Weekly DMI position remains bullish. The Monthly DMI position remains bullish. Donchian Channel Observations: Price is above middle Donchian channel (Bullish). Bands are flat. Difference between bands is 10.68%. Ichimoku Observations: Price above Ichimoku clouds. Clouds are bullish. Tenkan line is above Kijun line. Ichimoku setup is bullish. Current cloud range is 1.28% and Future cloud range is 8.63%. Bollinger Band Observations: Price is above middle Bollinger band (Bullish). Bands are converging. Difference between bands is 5.29%.
NSE:CSBBANKLong
by YASHSINCE1995
STEEL AUTHORITY OF INDIASTEEL AUTHORITY OF INDIA Sail long..... SAIL Technical Breakout Setup Current Price: *125.74 (+2.66%) Date: May 23, 2025 Key Technical Levels Entry Zone: Above yellow support zone (*125-130 range) Stop Loss: Red line at *96.33 Target 1: Green dotted line at *173.76 (+38% upside) Target 2: Green dotted line at *259.10 (+106% upside) Technical Analysis Pattern Recognition: SAIL is forming a long-term triangular consolidation pattern Stock is approaching the apex of a multi-year triangle Blue diagonal trendline acts as major resistance since 2008 highs Yellow horizontal zone provides strong support Current Market Structure: Price is holding above the critical yellow support zone Recent bounce shows buying interest at these levels Volume appears to be picking up on the recent move Probability Assessment Target 1 (*173.76) Probability: Moderate to High This level represents the previous resistance zone If breakout sustains above ₹130, this becomes achievable Risk-reward ratio: Approximately 1:1.6 Target 2 (*259.10) Probability: Lower This is an ambitious target requiring significant momentum Would need broader market support and sector rotation Risk-reward ratio: Approximately 1:5.5 Trading Strategy For Aggressive Traders: Enter on sustained close above *130 Partial booking at Target 1 Trail stop loss for Target 2 For Conservative Traders: Wait for weekly close above *135 Smaller position size given the risk Risk Management: Strict stop loss at *96.33 (23% downside risk) Position sizing should reflect the volatility Important Notes: Steel sector performance depends on infrastructure spending Global commodity prices impact fundamentals This is a technical setup - fundamental analysis required separately This analysis is for educational purposes. Trade at your own risk.
NSE:SAILLong
by TechnicalExpress
SHARDA CROPCHEM LTD.SHARDA CROPCHEM LTD. #SHARDACROP Asset: Sharda Cropchem Ltd (SHARDACROP) Breakout Level: 657 Potential Target: 760 Stop Loss: 622 Timeframe: Short to Medium term Risk to Reward ratio: 1:2.7 Rationale: Fundamentals- Fundamentally decent stock with the following attributes: * ROCE - 19.3% * ROE - 12.8% * Debt to Equity - 0 * Stock PE 19.3 / Industry PE - 29.5 || Stock PBV 2.35 / Industry PBV 2.5- Company is underpriced * EPS / Revenue - Increasing over last 6 months Technicals - * Overall structure - Forming a large cup on weekly charts * Multiple timeframe analysis - Stock poised for up move as the daily/weekly/ monthly charts are showing formation of a cup (over 5 months) * On daily charts, the price surged ~3.3% yesterday and surfing the 200 DMA * The 10 DMA is above the 20 DMA and hints towards continued up move * Increasing momentum / RS * ADR 5.5% Market analysis * Forecasted for ~33% further increase * Promoter holding high at 74.82% and remains steady * Fils increasing holding *MFs and Dils are increasing stake * Retail reducing Cons * Considering that the price has gapped up, there could be some pull back but overall structure of the 200 DMA line remains up This analysis is for educational purposes only and should not be considered as financial advice. Trading and investing in financial markets involve significant risk, and past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any trading or investment decisions. The author is not responsible for any financial losses or damages that may result from the use of this information.
NSE:SHARDACROPLong
by TechnicalExpress
ANGEL ONE LTDANGEL ONE LTD Finding Market Clues with Simple Tools This is not a trade I took - just an observation I found fascinating and wanted to share. In ANGEL ONE's recent price action, I applied a simple 3-step process: Identify a turning point Spot a potential 5-wave Elliott Wave structure Look for RSI divergence at key highs/lows After a sharp downtrend, price made a lower low while RSI showed a higher low- hinting at a possible bullish reversal. Later, price moved up in what could be a 5-wave structure. But near the top, price made a higher high while RSI made a lower high-a possible bearish divergence. I didn't trade this setup - but it's fascinating how often these simple techniques reveal potential market shifts. It's not about being right every time, but about learning to read the market structure better. Books like Elliott Waves Made Simple by Steve Sinclair have helped me more than any social media post. They teach you to think with structure, not noise. This isn't a buy/sell recommendation. Just sharing something I'm practicing. Mistakes will happen, but that's part of the learning curve. The market is always there - it's on us to keep improving our technical reading.
NSE:ANGELONE
by TechnicalExpress
PETRONET (Petronet LNG Ltd)- Analysis Bullish Levels -if sustain above 305 (early entry risky) then 322 (safe entry if sustain above this for a week) target can be around 373 hen 388 first target, if sustain above for a week or two then we expect more upside and wait for targets for 456 to 471 then hold Bearish levels :- if sustain below 282 then 267 if again come around this levels add with SL of 252 below this more bearish. **Consider some Points buffer in above levels **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:PETRONET
by PrashantTaralkar
MARUTI SUZUKI INDIA LTD.MARUTI SUZUKI INDIA LTD. How to Trade Maruti Suzuki Using Supply Zones NSE: MARUTI | Date: May 22, 2025 Maruti Suzuki has formed two key supply zones - price areas where sellers are likely to step in and push the stock lower. Understanding these zones helps you identify potential entry and exit points for your trades. Supply Zone 1: 13,086 -12,912 & Supply Zone 2: 12,808 - 12,594 Bearish Scenario: Maruti is currently trading near 12,445, below both identified supply zones. Recent price action shows a strong bearish candle accompanied by above- average volume, indicating active selling pressure around these resistance levels. If the price continues to remain below 12,800, selling pressure may persist. Traders could consider cautious short-selling strategies either at current levels or wait for the price to move back into the supply zones for confirmation before initiating short positions. It is important to follow proper risk management practices, including placing stop-loss orders above the supply zones, to manage potential downside risks. Bullish Scenario: A sustained breakout above 13,100 with strong volume confirmation would indicate that buying interest has surpassed selling pressure within the supply zones. Such a breakout may invalidate the resistance levels and signal renewed upward momentum in the stock, presenting potential opportunities for long positions. Traders may consider initiating or increasing long positions once the breakout is confirmed through price action and volume. It is important to use appropriate risk management measures, such as placing stop-loss orders below the breakout level. For Learners: Think of supply zones like traffic jams for bulls - when the price enters these zones, you can expect potential slowdowns or reversals unless there's strong momentum to push through. Always combine supply zone analysis with other confirmations like volume, candlestick patterns, and broader market context. ▲ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI- registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. If you found this analysis helpful, don't forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter!?
NSE:MARUTILong
by TechnicalExpress
COALINDIA (Coal India Ltd)- Analysis Bullish Levels -if sustain above 402 (early entry risky) then 443 (safe entry if sustain above this for a week) target can be around 483 then 524 to 548 first target , if sustain above for a week or two then we expect more upside and wait for targets for 1600+ Bearish levels :- if sustain below 354 then then 338 some support then 321 good support if come around this levels add with SL of 313 below this more bearish. **Consider some Points buffer in above levels **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:COALINDIA
by PrashantTaralkar
BAJAJ FINANCE LTDAs of the market close on May 23, 2025, Bajaj Finance Ltd. (NSE: BAJFINANCE) was trading at ₹9,243.50. Based on recent technical analyses, here are the key daily support and resistance levels: 📊 Daily Support and Resistance Levels Classic Pivot Points: Support Levels: S1: ₹9,140.83 S2: ₹9,038.17 S3: ₹8,965.33 Resistance Levels: R1: ₹9,316.33 R2: ₹9,389.17 R3: ₹9,491.83 Pivot Point: ₹9,213.67 Fibonacci Pivot Points: Support Levels: S1: ₹9,146.63 S2: ₹9,105.21 S3: ₹9,038.17 Resistance Levels: R1: ₹9,280.71 R2: ₹9,322.13 R3: ₹9,389.17 Pivot Point: ₹9,213.67 Camarilla Pivot Points: Support Levels: S1: ₹9,227.41 S2: ₹9,211.33 S3: ₹9,195.24 Resistance Levels: R1: ₹9,259.59 R2: ₹9,275.67 R3: ₹9,291.76 Pivot Point: ₹9,213.67 📈 Technical Indicators Overview Moving Averages: 20-day EMA: ₹9,046.05 50-day EMA: ₹8,838.25 100-day EMA: ₹8,444.91 200-day EMA: ₹7,961.51 Current Price: ₹9,243.50 Interpretation: The current price is above all major moving averages, indicating a bullish trend. Technical Summary: Overall Rating: Strong Buy Moving Averages: Buy Technical Indicators: Strong Buy 🔍 Key Observations The stock is trading above its pivot point and all major moving averages, suggesting bullish Immediate resistance is observed around ₹9,316.33 (Classic R1), with further resistance at ₹9,389.17 (Classic R2). Immediate support lies at ₹9,140.83 (Classic S1), with stronger support at ₹9,038.17 (Classic S2). Please note that these levels are based on historical data and technical analysis, and actual market conditions may vary. It's advisable to use these levels in conjunction with other indicators and market news when making trading decisions.
NSE:BAJFINANCELong
by TechnicalExpress
Future Trading Strategy as of 2025.05.24We are the SeoVereign Trading Team. With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum. 🔔 Follow us to never miss a market update. Serverin Team's Upcoming Trading Strategy – Full Disclosure Hello, this is Serverin, operator of the Serverin Team. After Bitcoin surpassed its all-time high of $112,000, it has experienced a decline of approximately 4% as of May 24, 2025. The primary cause of this downturn is believed to be the global market risk triggered by President Trump's announcement of a 50% tariff on Europe. Technical Analysis Let’s begin with the technical analysis. As shown in the following chart, a Shark pattern has formed within the harmonic pattern framework, and the Potential Reversal Zone (PRZ) is confirmed at a 1:1 extension level. Additionally, since Bitcoin decisively broke through its previous all-time high of $109,700, a short-term correction in this zone is a likely scenario. Due to the highly volatile nature of cryptocurrencies, it is common for prices to revisit and consolidate around previous highs after a breakout. We believe the current price action reflects this typical behavior. Key Factors Behind the Current Decline Psychological correction following the breakout of previous highs Technical confirmation of the Shark pattern President Trump's announcement of European tariffs Future Trading Strategy The Serverin Team still maintains a bullish outlook on Bitcoin. This view remains consistent with the idea posted on May 18. Accordingly, we are holding significant long positions in both Bitcoin and major altcoins. If a deeper correction occurs, we plan to increase our positions. Conversely, if the price resumes its upward movement, we will continue to add to our longs. However, if Bitcoin forms a top around $112,500 and begins to reverse, we are prepared to gradually exit the market. For trend reversal confirmation, we rely on the Fibonacci 1.414 extension level. This level is approximately at the $59,000 range for Bitcoin. Scenario Overview We are currently focusing on the green and blue scenarios. Should either of these play out, we will continue to aggressively increase our exposure. On the other hand, if the market follows the red scenario and shifts into a downtrend, we will start reducing our positions with stop-losses, using the $59,000 level as our reference. That concludes the Serverin Team’s trading strategy briefing. Thank you.
by SeoVereign
Nifty 50 Weekly Technical Analysis for May 26–30, 2025- Nifty 50 Technical Analysis for May 26–30, 2025 - # Current Market Context Recent Performance: As of May 23, 2025, the Nifty 50 closed at 24,853.15, up 243.45 points (0.99%), snapping a three-day losing streak. The index has shown resilience, supported by broad-based buying in financials, Pharma, and IT sectors. - Market Sentiment: indicate a cautiously bullish outlook for the week targeting 25,300–25,700, driven by a positive weekly close and potential short covering. However, resistance near 25,000 # Key Technical Levels - Support Levels: Immediate support is at 24,400–24,000, aligning with the 20-day EMA and recent lows. A break and close below 24,000 could lead to further selling toward 24,099 or 23,500, a strong support level backed by put option open interest. Weekly pivot support is at 23,559, with deeper support at 23,000. - Resistance Levels: Immediate resistance is at 25,000, with a confluence of weekly and monthly resistance at 25,297–25,575, reinforced by Fibonacci Retracement levels. A sustained break above 25,100 could target 25,500–25,700, with potential for 26,161 by expiry if momentum persists. -- Disclaimer -- This analysis is based on recent technical data and market sentiment from web sources and X posts. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading. E&OE
NSE:NIFTY
by renderwithme
2
Natural gas 293 -295 then 317-320 upside Target buy 280 SL 272How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:NATURALGAS1!Long
by EquityCommodityMarketJaiPrakas
Gift nifty 25150-25250 upside Target today 24800 Target hit How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
NSEIX:NIFTY1!Long
by EquityCommodityMarketJaiPrakas
Gold mcx closing at Resistance next week 90% chances for fallGold mcx also closing at resistance area agar break karna hota to kar hi deta time spend kar raha hai matlab big players selling at this price How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!Short
by EquityCommodityMarketJaiPrakas
1
Gold closing near resistance next week 90% chances for big fall How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
OANDA:XAUUSDShort
by EquityCommodityMarketJaiPrakas
3
DXY will go to 88-89 in next 18-24 months before 2026 end , sellHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
PEPPERSTONE:USDXShort
by EquityCommodityMarketJaiPrakas