Kru-KB

HAL Bearish Gartley and Bearish Deep Crab pattern Terminal BAR

Short
Kru-KB Updated   
NSE:HAL   HINDUSTAN AERONAUT
HAL is on Harmonic Resistance and a Reaction is possible.

Two Patterns are in progress.
(1) Larger scale Gartley Pattern with Level Hit and terminal Bar in progress today. SL for Gartley is FIB Level 1 of XA Leg. (This pattern is more visible on Weekly and Two Day Chart)
(2) Smaller Scale Crab Pattern with Fib Level Hit and Terminal BAR Completed today (This pattern is more visible on 4 Hr 6Hr and Daily)

We always play for Type-1 Reaction and we still wanna wait for Some sort of consolidation breaking down, Bearish DIV in RSI or W pattern in RSI or Reversal Candle with Volume Supported Move.

Again- Harmonics are just a way to find where Reversal comes but trend is always super and we can clearly see that trend is up and bullish.

harmonictrader.com/h...rns/gartley-pattern/
harmonictrader.com/h...tterns/crab-pattern/

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