Let’s take a look at two of today’s patterns which have arrived before 10am – two Fibonacci sub-patterns Alt-ABCD. While Alt-ABCD patterns are useful as supporting patterns to larger harmonic patterns, they can be useful at signaling potential moves by themselves too. Jump to: Pattern Result Date and Arrival Time: 2020-11-09 09:20 Symbol Name: WIPRO …
Jump to: Pattern Result Date and Arrival Time: 2020-11-05 10:15 Symbol Name: NESTLEIND Pattern and Direction: Butterfly – Completed – SELL Pattern Completion Price: 17399.00 , Pattern Ideal Completion Price: 17389.40 A Completed Butterfly has arrived at 10:15. The coordinates and details are: This is a pattern with a formation span of 48 days starting …
5th November 2020 – Butterfly, Alt-ABCD – NESTLEIND Read More »
Jump to: Pattern Result Date and Arrival Time: 2020-10-30 09:35 Symbol Name: WIPRO Pattern and Direction: Gartley – Completed – SELL Pattern Completion Price: 345.00 , Pattern Ideal Completion Price: 344.55 A Completed Gartley has arrived at 9.35am (30th October 2020). The coordinates are: This is a pattern with a formation span of 7 days starting from …
Ranges are defined when price movement is contained between two horizontal lines, a parallel support and resistance. Range breakouts can be interpreted in many ways by traders. A range breakout from the lower support line of the structure could show a downtrend momentum, while a breakout from the upper line could indicate the price moving …
Symmetrical and Broadening Triangles are created by the convergence or divergence of two inclined trendlines, and the movement of price between the trendlines. Symmetrical Triangle The convergence of an upwards trendline and a downwards trendline towards each other creates a Symmetrical Triangle. The upwards trendline forms a support and the downwards trendline is a resistance …
There are many formations of Triangles in the Geometric pattern family; Ascending, Descending, Broadening, Symmetrical. The definition of an Ascending or Descending trendline comes from the structure having one horizontal trendline and one inclined trendline on an uptrend or downtrend. Ascending Triangle In an Ascending Triangle, the peaks of swings in price movement can be …
The Geometric Pattern family contains patterns formed by combinations of price action movement in relation to one or more trendlines. The Channel is a widely-used Geometric pattern. It is formed by two parallel trendlines where the price action is contained within the bounds of the two lines. Ascending Channel In an ascending Channel, the price …
Date and Arrival Time: 28th October 2020 : 9.20am Symbol Name: LT Pattern and Pattern Type: Alt-ABCD – Completed – SELL Pattern Completion Price: 994.35, Pattern Ideal Completion Price: 993.55 A Completed Alt-ABCD has arrived at 9.20. The coordinates are : This is a pattern with a time span starting from the 23rd October – …