Fibbs Never Lie.............
Nifty 4-hour chart with a technical analysis setup that includes Fibonacci levels, trendlines, and key support/resistance zones. Here’s a breakdown of the key elements:
1. Fibonacci Retracement & Extension Levels
Fibonacci Retracement (Commonly used for support/resistance levels)
Levels: 38.2% (22,990), 50% (23,054), 61.8%...
Elliott Wave and Fibonacci Retracement Analysis of Market Trend
Introduction
The image presents a technical analysis of a financial market instrument using Elliott Wave Theory and Fibonacci retracement and extension levels. The chart showcases a completed five-wave impulse sequence followed by an ongoing corrective ABC pattern. This analysis is crucial for traders...
big move just in mis of my analysis. my indicators are strong but more then that our mind should be strong i make silly mistakes many times but only way to win a trade is follow your system don't see the price see only chart
Bank nift is trading at a very crucial level , it may go sideways for a while until it breaks its resistance or support which are very close , better to avoid any entry during the volatility
