As I always say that Harmonic Trading strategy is all about reversal trading. if you know how to trade on reversal then only you can and you should trade on Harmonic patterns.
as one can see that there are two Harmonic patterns on this MFSL chart it shows that This reversal zone might be more strong then usual one.
As per this harmonic pattern chart
First Pattern PRZ:- 1097 Second Pattern PRZ:- 1087.05 and here we should follow second pattern stop loss as it's smaller then first pattern although as per this second pattern also stop loss is quite big so take short trade only on reversal only.
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******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
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