NATURALGAS - Approaching Harmonic CRAB PRZ (Short Term)

TF: 15 Minutes
CMP: 4.6464

Please note that this view is ONLY for the short term as the TF is 15 minutes. So plan your trade accordingly.

The ideal pattern target for the PRZ is 1.618 fib extension (of the XA leg) at 4.7740 and we should be expecting at least 50% pullback from that level.

If you are long, trail you SL strictly.

If you intend to play short here, better to wait for the price to reach and react at the PRZ zone and decide with better RR

Details are explained in the chart for better understanding.

Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.