Markets always has tendency to fill gap zones.
If you draw fib extensions / retracements on previous few swings , every 1.618 extension ends up in our marked zone
1618 is more valid ratio & we can expect market to move up after reaching the zone.
ABCD pattern completion also in same zone.
This is 4h chart of SBIN so will take time to complete, just keep it your radar
Happy Trading !
If you draw fib extensions / retracements on previous few swings , every 1.618 extension ends up in our marked zone
1618 is more valid ratio & we can expect market to move up after reaching the zone.
ABCD pattern completion also in same zone.
This is 4h chart of SBIN so will take time to complete, just keep it your radar
Happy Trading !
Note
I hope you guys got in this trade..Note
Exited half of my positions and whatever comes after this is certainly extra :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.