There is a formation of the Shark pattern on the daily chart of the Larsen & turbo.
The first Potential Reversal Zone [PRZ] of the pattern is at 1625-1636.
The second PRZ stands at 1550-1560
Keep an eye on price action around these levels for catching a reversal or pullback trade.
Weekly support [ 1500-1520] of the stock also coincides with this pattern, making it an important formation.
The first Potential Reversal Zone [PRZ] of the pattern is at 1625-1636.
The second PRZ stands at 1550-1560
Keep an eye on price action around these levels for catching a reversal or pullback trade.
Weekly support [ 1500-1520] of the stock also coincides with this pattern, making it an important formation.
Note
weekly support at 1500-1520
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.