
harmonic patterns
Harmonic Shark Pattern
Nifty
trading idea
Will Nifty decline before moving ahead ! What short term Harmonic says …
The nifty future trend is showing a precious Bullish Shark Pattern.
Though it is a bullish reversal pattern. To set-up a Buy trade in this pattern we need to wait for Nifty Future to come into the Price Reversal Zone i.e. 13935-13960 zone.
One also can create a short sell trade below 14175 with a stop-loss of 14240, whereas the target should be...
- 1st TGT- 14004
- 2nd TGT- 13690
- Last TGT- 13936
The Technical chart is given below...
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