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avg1
Oct 18, 2018 10:41 AM

VGUARD BULLISH BUTTERFLY Long

V-GUARD INDUSTRIESNSE

Description

Wait for PRZ and Terminal Bar.
Comments
chandru81
The PRZ is way below current market price. if the price will get there, why cant we short it 1st and then go long? :)
avg1
@chandru81, Harmonics doesnt work that way.It is a defined way of trading. Please go through some books or websites for clear understanding. PRZ is the Potential Reversal Zone where we can be sure of a reversal in price. If you short now you can technically be not sure. And if you observe it is a daily chart so it might take few days/months for that price to come down.
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