Bearish harmonic 3 drive pattern formation.
Time frame :- 60 mins
Potential reversal zone :- 18610 levels
View validation :-Till not closing above 18620 levels.
Reversal confirmation :- Below 18500, should sustain for 20-30 mins
Retracement possibility :- 18350-18200-18050
Time horizon for trade :- 3-5 trading sessions
RSI :- bearish divergence with respect to price.
Note :- just for study purpose for learning harmonic pattern.
Do not trade based on this chart study, i have right to go 100% wrong.
Time frame :- 60 mins
Potential reversal zone :- 18610 levels
View validation :-Till not closing above 18620 levels.
Reversal confirmation :- Below 18500, should sustain for 20-30 mins
Retracement possibility :- 18350-18200-18050
Time horizon for trade :- 3-5 trading sessions
RSI :- bearish divergence with respect to price.
Note :- just for study purpose for learning harmonic pattern.
Do not trade based on this chart study, i have right to go 100% wrong.