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Unit of Technical Analysis

Unit of Technical Analysis

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Done for the day

Closed the trade

keep on trailing your SL to new high

15855 is 1.618 of day range And 15856 is also 2.618 of downtrend formed. Will send the chart too

will complete

15901 completed 1.272 of range

unless we breach 505 LEVEL AGAIN

we are going further south from 50% retracement

16004 is 50% of the day

Downside from 50%

if it holds on the 50% level of the day, we can see a good upside movement or have to wait for direction

reversed from 50% of the day

cool, signal for a reversal

16019 is 0.786 level from Friday's high to Yesterday's low

16032 is 50% of the day

Good Morning Everyone, Just finished with a video and identified for few critical things End of Bear Cycle approx: 5/1/22022 Low should be 13069 This is as per charts and details found out. though, we have a big loophole in terms of the reversal our current reversal has been upto 0.618 of the range, while previous cycles reversal had been upto 0.5 levels. so let's see how it goes from here on

Jumbled up from here, didn't look at the 50% retracement of day range ans lost on the big downfall

Gap filling???