December 10, 2016



  • 4 Hour chart shows price testing support zone of the Broadening Pattern. 1.0520 is the crucial low in 4 Hour time frame.
  • If 1.0520 does not hold the weekly lows are likely to be tested.
  • Month chart is in consolidation after a Big down move. Mostly these consolidations are likely to be solved in favour of the bigger move. 1.0456 is the crucial level in week and month charts. 
-->

Disclaimer

All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.

Followers

Blog Archive

Powered by Blogger.

My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore