GurleenKaur

#PNB 1D TF

Long
NSE:PNB   PUNJAB NATL BANK
Multiple touches on ascending trendline, Breakout at year-long resistance with supporting volume .
Bearish Crab Reversal. Retracement can be seen towards the breakout zone.
Targets of 44,46 can be seen in short-mid term.

Comments

Hey! can you suggest me a good source for understanding this crab pattern? I've seen it many times but didn't realize it was a thing..
Reply
GurleenKaur akshat-w
@akshat-w, it's based on defined fibonacci ratios.
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