Silver after reversing from a bullish Harmonic Gartley is retesting the PRZ which now coincides with the PRZ of two Bullish AB=CD patterns (60/162) & (78/127) If it can sustain above 16.35 then it could retest 17.40/17.75
near long term support,bullish bat is completed ,ab=cd bullish also completed if support breaks would see some momentum,if price is above this region for a day,paatern would give some momentum
It has shows reversal from the PRZ of a Bullish Harmonic AB=CD. It can retrace back to 1980-2000 as long as it does not breach 1900
Nifty IT had made a Bullish Harmonic 3 Drives Pattern (a pattern not found so regularly in our markets) which lead to a sharp rally and a higher low confirmation. It is now approaching a Falling Trend-Line which coincides with the PRZ of a Bearish AB=CD. As per Ichimoku also 16000 has a weekly resistance which might hinder/pause the trend. A breakout above it will...