CHOLAFIN yesterday printed a very significant low of (1051) on cash. If going forward that low breaks then that would trigger a HARMONIC CHANNEL breakdown, which would open up targets of (987) and (933) in coming days. There is also a possiblity of a HEXAGON breakdown once it gives a daily close below 1024, Frankly we are expecting that these levels shall break, yesterdays low was not only critical on PRICE front, also on TIME front yesterdays low of 1051 is important, a lower low next week, below 1051 would turn TIMECYCLE bearish atleast till 18th,AUGUST, or last week of AUGUST.
CHOLAFIN view
Published by SAAHIL BELIM
MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt! View all posts by SAAHIL BELIM
Published
gann,insides 