Stockman85

Stockman85 Updated 

The analysis is only for educational purpose. AB leg can retrace between 38.2% – 50% of XA leg - Satisfied BC leg can retrace between 38.2% – 88.6% of AB leg - Satisfied CD leg can retrace up to 88.6% of XA leg - Close to 88.6 % In Daily chart, 3 candles rejecting Rs 120 price area. But higher close on each candle suggest...

Stockman85 Updated 

The analysis is only for educational purpose. CYPHER Pattern Rules Point B retraces to 0.382 – 0.618 Fibonacci level of the leg XA Condition satisfied Point C is formed when prices extend the XA leg by at least 1.272 or within 1.130 – 1.414 Fibonacci extension level Condition satisfied Point D is formed when it retraces 0.782 Fibonacci level of XC -...

Stockman85 Updated 

The analysis is only for educational purpose. Butterfly Rules AB can retrace up to 78.6% of the XA leg - Condition satisfied BC can retrace between 38.2% – 88.6% of AB Condition satisfied CD can be an extension of 1.618% – 2.618% of AB Condition satisfied CD can also be an extension of up to 1.272% – 1.618% of XA leg Condition...