Hello traders
i am presenting to you a Nifty H&S pattern confirmation trading setup
after one of finest rally there is a small time and price correction possible so
as we seen that there is a clear Head and shoulder pattern visible on Nifty daily chart
so stop loss is around right shoulder with some buffer so 19700 is the stop loss
and target is equals to the head of the pattern so 18900 is the target for this pattern
and entry is near necline is best one for this pattern around 19450 to 19500
i am presenting to you a Nifty H&S pattern confirmation trading setup
after one of finest rally there is a small time and price correction possible so
as we seen that there is a clear Head and shoulder pattern visible on Nifty daily chart
so stop loss is around right shoulder with some buffer so 19700 is the stop loss
and target is equals to the head of the pattern so 18900 is the target for this pattern
and entry is near necline is best one for this pattern around 19450 to 19500
註釋
thank you for reading my ideaif found any related query allow me to answer
註釋
if you think this idea is use fullplease like and share and follow and comment your thought about this analysis
註釋
fibonacci setup
註釋
febonacci of the whole move price is near 0.236 which is 19245
so here is a buying opportunity because this is the first retacement level reached in this whole upmove
so according to febonacci must buy @ 19245
註釋
press the boost rocket button if you think this analysis is use full註釋
best place for fresh short entry is when price testing the neck line plotted green color註釋
as i told that according to febonacci must buy near 19245 so around now price 19410註釋
19245 to 19580 = 235 point and than
19580 to 19230 = 250 point
around 500 point profit running for now
註釋
previous close is the lowest closing in 37 trading session
註釋
註釋
註釋
keep ur stop loss very tight because long pattern visible for now
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。