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PriceActionTrader1
Oct 22, 2021 3:12 AM

SRTRANSFIN - price action analysis Long

Description

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.

Comment

1st target)1539.5) is hit and faced strong resistance above that.

Comment

It keeps getting rejected above target #1. Might not make it to next target.

Comment

It hit second target today and got pullback.
Comments
civilSuccess29981
good one champ
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