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 – 28th October 2020 – over 5 minute intervals.
The Completed Alt-ABCD indicated a SELL opportunity at INR. 993.55 – the Ideal Pattern Completion price.
A very tight safe stop loss level for this Alt-ABCD can be kept at Actual Completion price D: 994.35, or a small % above D depending on the trader’s risk appetite, to maintain a profitable risk-reward ratio.
Update: 28th October 2020 : EOD – Success
