📊 #chilafin At Harmonic PRZNSE:CHOLAFIN
If u follow me since long then you must know now that Harmonic is all about reversal trading strategy and by help of this strategy you can find most accurate top and bottoms of any swing on ant time frame. and if you follow me since long then you must even know that we have shared many mind-blowing swing trades.
And as I said Harmonic is purely reversal trading strategy so you should have knowledge of reversal trading if you wanna trade on our Harmonic charts.
some times we might not get reversal at PRZ levels as you know there is no 100% strategy in Stock market but at that time you have to follow proper risk management and positioning and sizing so you can save your hard earned money from major losses.
To trade on this chart you must have knowledge of perfect reversal then only trade on our charts else take just take this chart as educational purpose only.
as we can see in chart that there are two harmonic patterns are there. and here we have to follow closing basis stop loss of second pattern.
so if we consider all PRZ here then from 507 to 491 Zone is your reversal zone her and if find reversal in this zone then one can trade with given stop loss which comes at 482 Closing Basis.
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******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
