Where would free fall arrested: PRZ

Banknifty             has fallen almost vertically 10.4% in last 16 bars, so natural question is where would this free fall got arrested. We can try to find the answer in the light of Action/Reaction method. There is a beautiful center-line(Multi-Pivot Line) with 5 touches so it could be considered reliable. AR set based upon it is suggesting that we are now close to the zone where price may reverse the current down trend. Some other studies are also confirming the same which I would mention either in comments or in other post. Let's see how market respond to this PRZ.
Pitchfan & RL 1 confluence
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out