Yes Prefect. Even my study found out this Lupin stock in BAT HArmonic Bullish Pattern on Daily demand zone. Now lets witness if this really works!.
bhaskarrao
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sirji, if possible write prz area, stop loss and possible targets. please post the charts little bit advance. so that by studying them we can take traders
HarmonicsInAction1
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@bhaskarrao, Bro, The two horizontal lines on the chart is the PRZ area. In case, there is a single line on the chart, it means there is confluence of all 2 or 3 PRZs. and trade should be taken after price touching the line.
The SL would be mostly the Swing low on 15 min TF. Sometimes the low/high of the candle used for entry. Depends on the position that you are making, intraday or positional.
Btw, I draw charts mostly in morning 8-9. That is the only time I have, as I have a full time job. I am sorry for not posting it early. I will try if there is any possibility.
bhaskarrao
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@HarmonicsInAction1, sirji, i am a retired teacher and learning slowly. i dont know that u are working. sorry for asking u to post early. i can understand the difficulties. since i trade intraday i will follow for stop loss 15 min swing low or depending upon size of candle low i will follow.please explain about possible targets. this u can explain whenever u are free. thank you very much
HarmonicsInAction1
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@bhaskarrao, Are sir, ap mujhe sir mat boliye. Sir to aap hue. : )
For Targets you can draw a fibo on CD and exit at 0.236 and 0.382 levels. These targets are hit in most of the cases.I personally exit at 1% profit or when the R:R is > 1:1.
aur ap sorry feel mat kijiye. do let me know jahan bhi help ho ske, mujhe jitna aata hai uske according help kr dunga.
bhaskarrao
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@HarmonicsInAction1, thank you very much for ur kind, supportive words. god bless u. i will ask some doubts afterwards u can answer them when u are free. once again thank you very much
relievedDealer12609
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@HarmonicsInAction1, Hi I am learning Harmonic patterns, so I am not sure about the targets to wait for. So should this trade be taken on Weekly Swing OR Daily hours trade. To me the price would retrace till point c that is 950. So I think this should an Weekly Swing trade. My view may be wrong. Please advice. Thanks
relievedDealer12609
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@relievedDealer12609, I am very sorry. I did not noticed the time frames. This trade is already over. Sorry for the inconvenience. Thanks