IDFC
is at the key support level formed by fibonacci cluster. It is also at the PRZ level of Bullish Gartley Harmonic PRZ pattern. Volume Zone Oscilator is also in the oversold zone. It might do a bullish reversal from here. Gartley PRZ pattern requires below criteria:
XAB - 0.618
AC - 0.383-0.886
BD - 1.272-1.618
XD - 0.786
Commentaire:
The price reversed from PRZ level as expected and rallied higher making new high.
