Going With The 60min Flow!!!

[milind]

Yes Rakesh i humbly dont agree with this pattern as a Pivot on 60 if we follow old rules ( Go by Eye) ..... but if this is your plan then ok .... love to know about your agresive plan pilot sahab


Regards
Satya

Pivot skirmish again

But this time I would go with Rakesh, as 30 shows 3055 as PL.

-- Milind

 

[vinst]

Pivot skirmish again

But this time I would go with Rakesh, as 30 shows 3055 as PL.

-- Milind

This PL is formed by 2 inside bars on 30min. It 'looks' like a pivot.

vin

 

[sikandar]

If the current hourly bar doesnt breach 3055 on the downside...that becomes a pivot to reverse....after 1 pm.

I know most wont agree....but I will act if i get that pattern.

Rakesh

Hi in my karvy terminal 3055 breached and low 3054 made.

 

[rakeshluthra430]

Pl wait till 1 pm..if 55 doesnt hold, my views get null and void
Till now..taking in ifs only, wait till 1pm for action

 

[Prabhjeet]

If the current hourly bar doesnt breach 3055 on the downside...that becomes a pivot to reverse....after 1 pm.

I know most wont agree....but I will act if i get that pattern.

Rakesh

In my view we have a long hammer on 60 min. charts on 12 pm bar, in uptrend the hammer should provide a support to the decline of price, if it doesn't that means the trend is in threat. I think thats what Rakesh is seeing

My sar at 3054-15= 3039

 

[musicjunkie]

Look at 3rd November 11 and 12 pm bars....they are pivots to reverse to shorts if we were long that day.
Today the bars look awfully the same.

MJ-

 

[Prabhjeet]

BTW, in the sister thread Mini flow Saint once mentioned that a upsurge on a good news after a prolonged uptrend mostly means time to take profits on first sign of trouble.

I think the scenario resembles the current one

 

[Prabhjeet]

Wow what a war going on between bulls and bears, hold onto your seats gentlemen, a big breakout/down is coming

 

[milkyblack]

Wow what a war going on between bulls and bears, hold onto your seats gentlemen, a big breakout/down is coming

Placed my SL at 3040 ... for NF

Regards

 

[SamFisher]

Wow what a war going on between bulls and bears, hold onto your seats gentlemen, a big breakout/down is coming

Anybreakout is ok as long as its BIG