Bearish Shark Pattern CD Leg to Complete for Reversal

Hello Traders. I have observed Bearish Shark Pattern in TCS Daily Time frame.

TCS is going to be bullish up to Potential Reversal Zone i.e. 3695-3750.

We'll have to see Buy trade till the price reaches this zone. Then Sell trade on Price action basis after reversal is confirmed.

High Volume Node levels have been plotted. They are synced with Monthly POC.

Keep Patience and trade with reversal or Breakout strategy near POC level.

Try to understand psychology of market.

If you like the idea, do not forget to support with a like and follow.

Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.

#supportandresistance #volumeprofileanalysis #stockmarketindia


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.