Can we See 10-12% Reversal
GSFC: @ 125.45, RCP: @ 126.2 (LTP at 03:29:59PM, i.e Last Tick in Normal MKT.)
Towards Formation of Bearish GARTLEY
B = 0.618 of XA, Here 0.614, Criteria Fulfilled
C = 0.382 - 0.886 of AB, Here 0.601, Criteria Fulfilled
Projected "D" = 141.3 Normal TGT.
To Confirm Rest two Criteria
D = 0.786 of XA &
D = 1.272 - 1.618 of BC, Projected 1.466
Technical Parameters: +VE Divergence on MFI, OBV, Stoch (hidden)
LONG: Best Below @ 125.05
For Swing Trade=> Res.: @ 126.95, @ 127.4 (strong), @ 128.1 - 128.7 (HZ), @ 130, Sup.: 124, @ 122.2, @ 121.1
For Short Term Trade=> RES.: @ 134.9, @ 136.2-137.1 (HZ), @ 139.6, SUP.: @ 117.7, @ 116.1(Strong)
PS: If you like Ideas/Analysis, please Like/Share & keep motivated.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
Towards Formation of Bearish GARTLEY
B = 0.618 of XA, Here 0.614, Criteria Fulfilled
C = 0.382 - 0.886 of AB, Here 0.601, Criteria Fulfilled
Projected "D" = 141.3 Normal TGT.
To Confirm Rest two Criteria
D = 0.786 of XA &
D = 1.272 - 1.618 of BC, Projected 1.466
Technical Parameters: +VE Divergence on MFI, OBV, Stoch (hidden)
LONG: Best Below @ 125.05
For Swing Trade=> Res.: @ 126.95, @ 127.4 (strong), @ 128.1 - 128.7 (HZ), @ 130, Sup.: 124, @ 122.2, @ 121.1
For Short Term Trade=> RES.: @ 134.9, @ 136.2-137.1 (HZ), @ 139.6, SUP.: @ 117.7, @ 116.1(Strong)
PS: If you like Ideas/Analysis, please Like/Share & keep motivated.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
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