1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Godfrey Philips

Discussion in 'Technical Analysis' started by ravirajpr, Oct 9, 2015.

  1. ravirajpr

    ravirajpr Responder

    Joined:
    Apr 6, 2014
    Messages:
    114
    Likes Received:
    64
    Sharing one of my completed trade though my entry was not based on harmonic pattern however when I reviewed it now noted my entry was exactly near 1.130 BC leg and exited at around 650 level as price was in a range in the weekly chart and chances of trend continuation can happen only if price breaks the resistance.
     

    Attached Files:

    shabbir likes this.
  2. hirenrachh

    hirenrachh Member

    Joined:
    Feb 13, 2014
    Messages:
    54
    Likes Received:
    11
    Occupation:
    Business
    Hi....do u trade on basis of harmonic patrerns......or some other advanced patterns.?

     
  3. ravirajpr

    ravirajpr Responder

    Joined:
    Apr 6, 2014
    Messages:
    114
    Likes Received:
    64
    I mostly use Elliott Wave patterns and for additional confirmation check for Harmonic patterns as well. If there are multiple patterns in multiple timeframe then I consider it to be a good trade setup.