Is BPCL: @ 667.15 REVERSED after Bullish CYPHER or REVERSED after Corrected to form Bullish SHARK. AS OF NOW "Bullish CYPHER", not Fulfilled all the Criteria, But Nearer. Here is Criteria Comparison: Bullish CYPHER (Colour GREEN) B = 0.382-0.618 of XA, Here 0.548 Criteria Fulfilled. C = 1.272-1.414 of AB, Here 1.234 Criteria Fulfilled. * D = 1.618-2.618 of BC, Here 1.279 Not so Essential. D = 0.786 of XA, Here 0.736 Point "D" should be 657.35 to Fulfill Criteria. But the Question Arises: EITHER REVERSED or Some More Correction to COMPLETE another HARMONIC Pattern "Bullish SHARK" Here is Criteria Comparison to be "Bullish SHARK" & Projected REVERSAL Point. Bullish SHARK (Colour Orange-Dark RED) * B = 0.382-0.618 of XA, Here 0.402 Not so Essential. C = 1.13-1.618 of AB, Here 1.234 Criteria Fulfilled. D = 1.618-2.24 of BC, Here 1.279 Criteria NOT Fulfilled. D = 0.886-1.13 of XA, Here 0.736 Criteria NOT Fulfilled. IF Point "D" = 635.45, THEN D = 1.618-2.24 of BC, Should be 1.618 Criteria Fulfilled. D = 0.886-1.13 of XA, Should be 0.965 Criteria Fulfilled. Who will Answer? #1. Can Indicators have Answer? #2. Can OPEC output Cut Decision Have Answer? (related to CRUDE Price) & many more Factor. Technical INDICATOR does not Show REVERSAL Just NOW. Strategy: Accumulate Till @ 640 - 635 Level (as because High Probability to be a Bullish SHARK).
Swing / Short Term levels will be Updated later.
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Trade attivo
LTP @ 655 (At 9.49 AM on 21/06/2017) Criteria for Bullish CYPHER Fulfilled
Nota
Made a LOW @ 846.15 & Fulfilled Bullish SHARK. More Accumulating Zone.
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