sonshu101

AXIS Possible Reversal zone

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NSE:AXISBANK   AXIS BANK
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3
Bearish Cypher in making.

Wait for PRZ

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What is PRZ
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sonshu101 Sidharth_Kr_Jain
@Sidharth_Kr_Jain, PRZ means Potential Reversal Zone
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@sonshu101, Kindly explain A - C 1.2 and X -D 0.796.In cypher bearish pattern how to calculate the price reversal zone?
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@sonshu101, The D point comes approximately at 495 as .786 of X-C .Am I correct and this is the PRZ?
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sonshu101 drchandramohankk
@drchandramohankk, Cypher pattern is extention of last rise actually thats why 1.2. It can be between 1.14-1.41. yes PRZ is .786
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