let me post some 100 #fibbonaci number wonders on long term chart.
Post your chart too with #fibbonaci, make sure chart is clean.
Post your chart too with #fibbonaci, make sure chart is clean.
this is number 1 in list
#ibrealestate
in 2021 it was one of the hot stock - Infact I was also excited took entry at top despite I was seeing Golden ratio rejection.
what happened next is history.
#ibrealestate
in 2021 it was one of the hot stock - Infact I was also excited took entry at top despite I was seeing Golden ratio rejection.
what happened next is history.
the very same stock took eyeball again few months back -- people went gaga
even we went long -- but exited sharp at 61.8%
checkout the result
#Fibbonaci
even we went long -- but exited sharp at 61.8%
checkout the result
#Fibbonaci
such setup forms rarely
#stronguptrend
#breakoutretest of inverse H&S and at retest 61.8% that too hammer
mind it -- hammer works best in strong trend pullback.
#polycab
again many times discussed in my webinars.
#stronguptrend
#breakoutretest of inverse H&S and at retest 61.8% that too hammer
mind it -- hammer works best in strong trend pullback.
#polycab
again many times discussed in my webinars.
lets see today #ITindex meltdown with the eyes of #fibbonaci
#sunpharma
how you are going to understand -- stock has changed trend or not?
simple answer - if on higher TF HL --HL formation start u can understand
how u will be dead sure now strong momentum and new high is abt to come?
Check price behavior's at 61.8%
Golden ratio act as an imp base.
how you are going to understand -- stock has changed trend or not?
simple answer - if on higher TF HL --HL formation start u can understand
how u will be dead sure now strong momentum and new high is abt to come?
Check price behavior's at 61.8%
Golden ratio act as an imp base.
check this out
I was tracking this stock from many days
check both charts
Trend to badalna hi tha.
#Auropharma
I was tracking this stock from many days
check both charts
Trend to badalna hi tha.
#Auropharma
my recent explanation on #KPIT fibbonaci
remember sometimes price doesn't come exactly at 61.8% after 1st test but when price action gives u support -- never hesistate in going long.
With my understanding and experience I can say now we wont see 730-740 levels in #mcdowell
Stock was well discussed by me on youtube channel.
Fibbonaci is just a strong supporting number which tells trend mind resume or accelerate.
in this case multiple test said -- Initial trend retracement is done and now lets start new journey
chart 2 -- now what does chart 2 tells ?
chart 2 tells -- either this 61.8% becomes strong support and if price will extend by taking support which it shd as per my understanding price will hit previous high..
once that will be achieved - 200dma and 61.8% will coincide at one level.
#Mcdowell
With my understanding and experience I can say now we wont see 730-740 levels in #mcdowell
Stock was well discussed by me on youtube channel.
Fibbonaci is just a strong supporting number which tells trend mind resume or accelerate.
in this case multiple test said -- Initial trend retracement is done and now lets start new journey
chart 2 -- now what does chart 2 tells ?
chart 2 tells -- either this 61.8% becomes strong support and if price will extend by taking support which it shd as per my understanding price will hit previous high..
once that will be achieved - 200dma and 61.8% will coincide at one level.
#Mcdowell
tradingview.com
#adaniport
when u want to trade a news driven stock - better look for higher time frame confluence
61.8% and support coincide.
check both chart for better understanding
tradingview.com
#adaniport
when u want to trade a news driven stock - better look for higher time frame confluence
61.8% and support coincide.
check both chart for better understanding
tradingview.com
the thing is Price action is a leading Indicator - It tells u support and resistance but does support and resistance tells u where next move can come?
Infact nothing tells that - we can only guess what can happen next by the help of
1) trend
2)fibbo extension
if trend is bearish and price has first time retraced to golden ratio- trust me it will respect the primary trend(vice versa)
so whats most Imp is -- #Trend
before anything try to understand whats the trend my friend.
#niftyIT
Infact nothing tells that - we can only guess what can happen next by the help of
1) trend
2)fibbo extension
if trend is bearish and price has first time retraced to golden ratio- trust me it will respect the primary trend(vice versa)
so whats most Imp is -- #Trend
before anything try to understand whats the trend my friend.
#niftyIT
tradingview.com
now when price will start reversing from here - just saying-- and will break 61.8% -- we can anticipate the price will break major trend 61.8% and will reverse the bearish trend to bullish.
this was case 1
now when price will start reversing from here - just saying-- and will break 61.8% -- we can anticipate the price will break major trend 61.8% and will reverse the bearish trend to bullish.
this was case 1
case two which seems more likely
price retrace till 61.8% as per chart and then start uptrend again.
#niftyIT
price retrace till 61.8% as per chart and then start uptrend again.
#niftyIT
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