Nifty Bank IndexEğitim
Bank Nifty : Why did it fall 3% From Highs of 30008 (Harmonics)
Dear All At Tradingview ,
I hope you all are learning from my charts .
This time , I have mentioned the reason of fall in Bank Nifty & Why did it rise from Lows of 24240 formed in October .
Answer is ABCD Patterns . Ask any query on comment box or DM me .
Some Basics of ABCD Pattern :
The AB=CD pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback.
In the AB=CD, the C point will be a defining level for the completion of the pattern. Although the BC projection is critical in this structure, the most significant harmonic number is the exact completion point of the AB=CD.
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
I hope you all are learning from my charts .
This time , I have mentioned the reason of fall in Bank Nifty & Why did it rise from Lows of 24240 formed in October .
Answer is ABCD Patterns . Ask any query on comment box or DM me .
Some Basics of ABCD Pattern :
The AB=CD pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback.
In the AB=CD, the C point will be a defining level for the completion of the pattern. Although the BC projection is critical in this structure, the most significant harmonic number is the exact completion point of the AB=CD.
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.