the detail is shown in the above Idea.
I made this Idea based on wedge Analysis and Harmonic pattern using Fibonacci tools.
Bearish Butterfly Pattern Will Start at 30k
and Nikkie Butterfly Needs correction before flying in Sky.
also butterfly wings make wedge pattern.
I made this Idea based on wedge Analysis and Harmonic pattern using Fibonacci tools.
Bearish Butterfly Pattern Will Start at 30k
and Nikkie Butterfly Needs correction before flying in Sky.
also butterfly wings make wedge pattern.
Comment:
TWO SELL order Scenarios
Trade closed: target reached:
buy order touched .
and sell order is pending
and sell order is pending
Trade active:
buy order activated.
target 34k
target 34k
Comment:
Trade closed: target reached
Trade active:
BUY ORDER IS PENDING at 34k
Comment:
JPN255 Trend on month Sep-Oct
Fibonacci ratios are one of the most powerful and easiest trading tools in your investor’s toolbox. It provides excellent guidance for when a trend will end and reverse course.
GOOD LUCK.
SEYED.
GOOD LUCK.
SEYED.
Probably minor correction
Sell Entry Point #2 : 30.38k
probably Major Correction ( Reversal)