By examination of fall (i) and (ii) , they're almost two different detected: 1) style (way) of price falling. 2) Volume increasing. The question is from this, " Should it possible pullback or recover in current fall? " -> Introduction about pattern: -> Here is basic of Channel created by me:
Long term support at 6332 nearby which is very strong. There're total of 3 patterns plotted on the chart as per the following: 1) Major Triangle (breakout if flag pattern is strong) 2) Minor Triangle pattern 3) Expected flag pattern in future Ifyou prefer my work, you can share your love to hit LIKE
On the daily chart, Total 3 patterns have been plotted by this TVS MOTOR which is following, Two-Channel Patterns Flag pattern The Price rotation and Tails are important roles to identify the change in it. Presently, the stock price is in a channel with the supply line, therefore we are expected Tail or Overlapping at the value high. Focus on...
Flag Pattern Unclear Head and shoulders pattern (Price is trading at neckline) Channel with control price Cycling Observation: For Oct. 2017, Over-Reaction observed in Nov and Dec 2017. The month of Oct and 2018 have been seen Over-reaction with the change of the Volume . Currently the Oct 2019, a price is out of the channel and it has...
Following patterns are found for data of 2015 to 2019 (5 years data) on weekly candle chart. Channel pattern Flag Patterns Currently running Head and Shoulders pattern Remarkable zone 1, 2 and 3 Head & Shoulders pattern is still uncompleted with right shoulder. The neckline target is 10063 At the remarkable zone, its has highly ...
Detected Tail at value low.
This is really in uptrend but, Selling at value high with protective stop is not bad action. Safe in value area target is first at 11963 and after breakdown channel, ready for 10043 which almost 1500 points correction. Be careful to create new or fresh long position.
Follow and LIKE if my work is useful for others. Buy at value low with excess and tail is perfection. Everything is mentioned in the chart. This chart showing you fair value working for a long time.
1) Very tight channel detect here with 3 excess and currently forming 4rd an excess. I prefer to sell when price with excess at a value high. 2) The tail should be in excess is more accurate. --> First condition meet here, short at a higher price will be great. Each trade must have a protective stop, therefore keep your stop above resistance. ---> Wait...
In 15 min the chart I have projected ENTRY point and below is a higher frame for direction. The TRIPLE TOP Pattern found on the chart. (The price rejection trying an attack on this pair) The control price performance like strong gravitating itself such as 1, 2, ...5. Two excesses found at value low. HITE LIKE BUTTON if you want live ALERT .
Buy RANGE 1.25463 to 1.25443 for first targeted move 1.2620. If you want to real-time ALERT for trade, just hit LIKE button for NOTIFICATION .
This is only post for information, not for trade. I have mentioned the support which may react.
Everything is in plotted in the chart but, where should be our entry will decide by lower timeFrame chart. WAIT and LET ME UPDATE very soon lower time chart for exact entry level.
TimeCycle : The price higher probability to change U-Turn, from down wave to up wave. (i) excess: buying at the excess is the right action as traders or investors. The Stoploss should be below this 136.5 Or wait to Buy above 138.2 for targets 141-142.5 at the control price attraction. If you want exact timing ALERT, then LIKE this post.
consecutively, price takes U-Turn from the direction when volume rise, such as (i) plotted cycle with volume rised, (ii) plotted cycle with volume rised and (iii) plotted cycle where should it change turn? Conifrmation: expected an excess at value low and tail, then buy this one.
spike and heavy volume can give the up breakout. Buying is best at lower excess.
FEEL FREE TO COMMENT IF ANY QUERY OR SUGGESTION. In the chart, plotted value is for GBP/JPY which has stronger CONTROL PRICE, value HIGH and value Low . The " Control Price " has complete control 1 to 7 as seen in the chart. 1) The 3 excesses detected at Value High and after the (h) excess with price rotation sellers have complete control over the...
Price Rejection expected at excess 7630 above. The recent move has much power for an up move, therefore short selling will create. Previous Support can active as current R. 7632 nearby. This is my first post, if anything wrong just leave the comment.