NIFTY BULLISH HARMONIC PRZ
bullish deep crab pattern identified on NIFTY. extremely high probability of achieving the target of 18200. (C) if rally continues our second target will be 18600 (A) near ATH levels. also, I am using a unique concept of
curved trendline which indicates trendline breakout early than a flat line. we can clearly see that there's been a bullish breakout. current market sentiments are negative, however, given the harmonic pattern and curved trendline
breakout entering a long positional trade is worth the risk.
also, from a price action view point B swing low around 17600 is extremely important. if the market sustains above this bullish market structure will be confirmed.
curved trendline which indicates trendline breakout early than a flat line. we can clearly see that there's been a bullish breakout. current market sentiments are negative, however, given the harmonic pattern and curved trendline
breakout entering a long positional trade is worth the risk.
also, from a price action view point B swing low around 17600 is extremely important. if the market sustains above this bullish market structure will be confirmed.
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.