Nifty 50 Short term Harmonic Pattern -may be a Reversal
Nifty index has shown a short term harmonic reversal pattern- Butterfly Pattern.
The Price Reversal Zone supposed to be the extension of 1.27 Fibonacci level XA leg.
BC projection is at least 1.618 Fibonacci level.
This zone is giving us the most compact PRZ.
PRZ range: 14325 - 14308
After Reversal Minimum target 14667
The Price Reversal Zone supposed to be the extension of 1.27 Fibonacci level XA leg.
BC projection is at least 1.618 Fibonacci level.
This zone is giving us the most compact PRZ.
PRZ range: 14325 - 14308
After Reversal Minimum target 14667
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.