harmonic patterns
Nifty
Nifty 50 Short term Harmonic Pattern - May be Reversal date give
Nifty 50 Short term Harmonic Pattern - May be Reversal date give by absu21 on TradingView.com
The drawing in the chart is self-explanatory with the timelines. As the recent move has broken the important Fibonacci Retrenchment level 1 there is a chance of going to 1.272 Fibonacci Retrenchment level is very high and we cannot wipe out the movement may reach 1.618 Fibonacci Retrenchment level and return. The maximum timeline to return at least to the start downward trend has given as 21 Dec 2020...
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