ShreeKrishna

Long ( Continuation Pattern)

Long
ShreeKrishna Aktualisiert   
NSE:RELIANCE   RELIANCE INDS
I have already posted a chart on Reliance using candlestick charting method

Here i am trying post an price bond Ranko Charts , which clearly indicate the upside is still due to complete ,

Well many people might not be aware of Ranko , let me explain , its an Price based movement , it does not count the time factor it only calculate the

Function of price ( ATR or FIxed Price) per brick

I used EW theory to apply on daily chart using Ranko , it clearly indicate the price have jumped off form Contracting flat , usually when you see contracting triangle they represent aggressive behavior and they tend to move form its recent peak low before B O to extent of 161.8 % of Fibonacci price range

and in 15 mints Ranko chart i have represented an on going Regular flat pattern , which are common on regular interval , and any reversal is indication of one more move up
One can look for buying on reversal so they can position for this move up

Trade ist aktiv:
Exactly what i said , Look for buy set up ,
Having complete knowledge is very important ,

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