Jet Airways- Bullish Harmonic Done@351 to 385 What Next?

20 Şub 2017

As per previous update - Harmonics + Elliottwave@351 - as expected 2 sets of target achieved 23.6% at 375-377 & later pushed above 380 to 385-387 zone with day high@386.

The impulsive wave from 425 to 363 which I am taking as Wave A or Wave 1 - Wave B or Wave 2- which was a corrective sequence ((w)) -((x)) -((y)) & shall be looking next for Wave C or Wave 3 Down.

Trading Strategy
If prices fall below 379 -it could be a signal for a down move with stops above 386 -recent high-later once it dips below 374-375 that will give confidence more on the downside.

What to expect next?
It could be larger connecting wave- (X) where the earlier structure was (W) which broken into ((w))-((x))-((y)) or simply Wave-3 down or Wave-C-- In all the sequence what ever form it takes - we will expect immediate down move if above mentioned levels are respected as mentioned above in trading strategy.

You would love to read my previous updates

Harmonics + ElliottWave@351

Bang On Move -Trading X-Wave from 381 to 367

Trading the turbulence@410-413

Has the flight 507515 landed

Bigger Triangle -Larger Picture Year 2017

21 Şub 2017

Not

09:38 Hrs 21st Feb2017

Exploded to 397

Came out of the Ban Period

21 Şub 2017

İşlem elle kapatılmış

22:28 Hrs 21st feb2017

Sell Call did not activate & failed to trigger below 379