Potential D leg of Harmonic setup in Relinfra
Updated
We are in the D leg of a Harmonic setup in Relinfra.
This can be a bit risky trade as the channel support is at distance. So kindly pick 1.618 (533-535) as support zone for bullish move. If taken out it can travel to next fib level.
So wait for some reversal signal before initiating the trade.
This can be a bit risky trade as the channel support is at distance. So kindly pick 1.618 (533-535) as support zone for bullish move. If taken out it can travel to next fib level.
So wait for some reversal signal before initiating the trade.
Note
Support taken in a gap down. Pattern seems invalid for now.
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