POWER on Monthly Time Frame, has completed the SHARK Harmonic Pattern Zone-1 and has tested it twice and then price came down. It may even try to test Zone 2 or Zone 3 by taking support from Weekly Trend Line (Blue). Even presently price is in support zone (green) and may go up again from this zone.
A regression channel has also been drawn which price is following.
In my personal opinion, price will try to test SHARK Potential Reversal zone 3 before eventually coming down.
I recommend entering the trade as marked on the chart. From 17 to 23 in next 2 to 3 months is quite possible.
A regression channel has also been drawn which price is following.
In my personal opinion, price will try to test SHARK Potential Reversal zone 3 before eventually coming down.
I recommend entering the trade as marked on the chart. From 17 to 23 in next 2 to 3 months is quite possible.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.