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SRTRANSFIN - price action analysis
$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.
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.
注释
1st target)1539.5) is hit and faced strong resistance above that.注释
It keeps getting rejected above target #1. Might not make it to next target.注释
It hit second target today and got pullback.
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