PriceActionTrader1

SRTRANSFIN - price action analysis

Largo
NSE:SRTRANSFIN   None
NSE:SRTRANSFIN fired a squeeze 3 days ago and has been showing bullish price action since then with good volume. It is forming two potential harmonic PRZ patterns and has already crossed level B price.
1) Butterfly - PRZ level is at 1539.5. Price could reverse from there. If it retraces a little and shows strong bullish reversal then it would continue up for next harmonic pattern,
2) Deep Crab - PRZ level is at 1627.20. Price could reverse from there.
Comentarios:
1st target)1539.5) is hit and faced strong resistance above that.
Comentarios:
It keeps getting rejected above target #1. Might not make it to next target.
Comentarios:
It hit second target today and got pullback.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.