My weekend analysis of Tata Steel. This is NOT a trade recommendation.
On the weekly charts it has gone down 127.2% of the range from about mid January till first week February which is quite typical
Wolfe analysis and probable Fibonacci and Support Resistance levels of Daily candles supports what the weekly chart is showing
I wish to thank user Praveen Bhatiya for alerting me to his Wolfe analysis - do view his chart at the link I have provided below:
On the weekly charts it has gone down 127.2% of the range from about mid January till first week February which is quite typical
Wolfe analysis and probable Fibonacci and Support Resistance levels of Daily candles supports what the weekly chart is showing
I wish to thank user Praveen Bhatiya for alerting me to his Wolfe analysis - do view his chart at the link I have provided below:
매매 수동청산
Closed first thing in the morning at 610 (futures price). 1. Price reached 23.6 retracement of the rise since 4th April
2. Matched the top of 11th April candle
3. Very near the Wolfe line extension from 1-4
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.