***** Month time Frame / Swing Trading *****
Short position was created at Harmonic PRZ 1 - 379. It fell to 343.
Now it has recovered & came up again.
Next #Harmonic_Level is at 406 - 454. next Reversal can come from anywhere in between.
406 becomes next immediate resistance
***** Day Analysis / Intraday ****
Short :- As it is at #Harmonic_Level 1 which act as resistance, one can short it
Long :- If it breaks day high, #can Target till 406
Short position was created at Harmonic PRZ 1 - 379. It fell to 343.
Now it has recovered & came up again.
Next #Harmonic_Level is at 406 - 454. next Reversal can come from anywhere in between.
406 becomes next immediate resistance
***** Day Analysis / Intraday ****
Short :- As it is at #Harmonic_Level 1 which act as resistance, one can short it
Long :- If it breaks day high, #can Target till 406