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HARMONICSANAND
Nov 15, 2022 7:46 AM

fibonacci reversal trade / falling parallel channel pattern Long

HINDUSTAN PETROLNSE

Description

hindpetro : 209.20

trade set up :
1. buy range 208 to 210
2. stop loss 196 on closing basis
3. targets : 215/ 225 / 238 / 245 / 266+
technical setup :
1. midpoint parallel channel support trade
2. falling parallel channel
3. fibonacci 78.6% reversal
4. trend line support
5. value pick
6. support & resistance trade

Comment

219+ high

Comment

261+ high near 30 % returns done
Comments
chandreshjodhpuri
Superb analysis
Devanadh
if you give the trade 90% it will be successful.
thank you bro
HARMONICSANAND
@Devanadh, all credits to system iam part of it to share
HARMONICSANAND
238+ high target 3 done
ashokinsl
👍
HARMONICSANAND
214.90 high
black_numbers_law
Breakout target agreed.. but inaccurate analysis when it comes to positioning... because that's where the trade gets confirmed after it accumulates between 0.618 the 0.5 of the previous swing High..
HARMONICSANAND
@Bharath_A, hi dear analysis given based on multiple bullish indicators , candles , tendline supports & reversal zone
vk792526
garet sir
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