TradingView
sonshu101
Jan 18, 2017 6:11 PM
AXIS Possible Reversal zone
Short
NSE:AXISBANK
240
AXIS BANK
NSE
Description
⋅
Jan 18, 2017 6:11 PM
Bearish Cypher in making.
Wait for PRZ
AXISBANK
Comments
Sidharth_Kr_Jain
⋅
Jan 18, 2017 6:46 PM
What is PRZ
sonshu101
⋅
Jan 18, 2017 8:45 PM
@Siddharth_Kr_Jain, PRZ means Potential Reversal Zone
drchandramohankk
⋅
Jan 19, 2017 1:12 AM
@sonshu101
, Kindly explain A - C 1.2 and X -D 0.796.In cypher bearish pattern how to calculate the price reversal zone?
drchandramohankk
⋅
Jan 19, 2017 1:52 AM
@sonshu101
, The D point comes approximately at 495 as .786 of X-C .Am I correct and this is the PRZ?
sonshu101
⋅
Jan 19, 2017 9:26 AM
@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
More