I am learning this new harmonic pattern and found it working perfectly for nifty analysis. . There are several PRZ zones that nifty have shown minor correction. Levels are: 1) 0.886 - 11830.00 2) 1.132 - 12900.00 3) 1.272 - 13600.00 Now according to my analysis, it has stretched to higher levels. Slowly the pace of nifty is also falling indicating a pattern for a retracement soon. I am expecting retracement of about 40-50% in weekly levels and this will start near about the end of December. . Please correct me if I'm wrong. I am still learning and this is new to me.