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Ichimokukinkohyo

NiftyHello and welcome to this analysis Nifty today activated not one but two bearish reversal signals. First it activated a Bearish Harmonic Alt Shark (double confirmation if price sustains below 18350) for suggested downside levels of 17750/17250. This pattern would be considered negated above 18575. Second it coincided with an Ichimoku Price and Time axis equilibrium date - (double confirmation if price sustains below 18360. The reversal as per Ichimoku will become invalid if a daily candle close occurs above 18450. Downside targets for Ichimoku are also similar to Harmonic ones. Use the dips / correction to add stocks, corrections are healthy and a good opportunity to invest in growth stocks.
NSE:NIFTYShort
by Dinesh_C_Nagpal
2
BTC/USD price target if it breaks below its Descending TriangleBTC/USD is still in a massive Ichimoku W Wave Pattern. BTC is still in a Descending Wedge Pattern and a Descending Triangle Pattern. BTC is still in the Bearish Zone of the Ichimoku Cloud. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indication that the mid-point of the short-term momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indication that the mid-point of the mid-term momentum is sideways at the moment. The Ichimoku Cloud Lagging Span (Chikou Span) is indicating that momentum at the moment is slight upwards but overall ranging sideways. If BTC breaks below its descending Triangle pattern Using Negative V Calculation a price target of around $9,916 is produced. V Calculation (Negative) V= B-(C-B) = D C $25,160 - B $17,538 = $7,622 B $17,538 - (C-B) $7,622 = $9,916 The above V Calculation is taken from the 1 month chart but I have added it onto this 1 day chart. For your viewing pleasure, below is the BTC/USD 1 month chart. Notice that we have a timescale pattern of 9 Bars and 17 Bars on the above 1 month chart. 17 Bars takes us to the month of 1st April 2023 but due to crypto volatility, the price target may be achieved much sooner. Note that 9 and 17 are part of the Ichimoku Kinkō Hyō Number Theory. This is all just my opinion using the Ichimoku System. In any case, i hope this is helpful.
BITSTAMP:BTCUSDShort
by TradingThroughTheLens
6
BANK NIFTYHello and welcome to this analysis Bank Nifty has activated a Bearish Harmonic Bat in daily time frame. The anticipated retracement levels are 38-50-62% of the upmove. The view would be negated if it sustains above 41530. As per Ichimoku Time and Wave Theory also we have a turn date activated. Until it sustains below 41530 it would remain weak. In case it breaks on the upside then the low of Friday October 28 would be considered as a stop loss for longs
NSE:BANKNIFTYShort
by Dinesh_C_Nagpal
3