Educational 14: Formation of Harmonic (Real Time)

It is been observed on the daily chart that the price action forms a two harmonic patterns.

1. Bearish Crab Pattern

2. Bullish Cypher Pattern

I have covered different harmonic patterns in the educational series which you may find in below attachments.

I shall be sharing an educational post on Crab and Cypher patterns by this weekend for better understanding.

ICICI Bank forming both the patterns on daily chart within an uptrend channel. A big move ahead.


Regards

Kommentera:

It was mistaken marked "Hammer Candlestick" as "Doji"