LT - SHARK PATTERN
Updated
There is a formation of the Shark pattern on the daily chart of the Larsen & turbo.
The first Potential Reversal Zone [PRZ] of the pattern is at 1625-1636.
The second PRZ stands at 1550-1560
Keep an eye on price action around these levels for catching a reversal or pullback trade.
Weekly support [ 1500-1520] of the stock also coincides with this pattern, making it an important formation.
The first Potential Reversal Zone [PRZ] of the pattern is at 1625-1636.
The second PRZ stands at 1550-1560
Keep an eye on price action around these levels for catching a reversal or pullback trade.
Weekly support [ 1500-1520] of the stock also coincides with this pattern, making it an important formation.
Note
weekly support at 1500-1520
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