CAMS - DONT JUMP YET - DEEP CRAB HARMONIC in Play

그저께

TF: Hourly

I have shared another chart on daily TF at the following link for POSITIONAL INVESTMENT purposes..

This post is for those who are trying to chase the price at the highs..

On the short term, the DEEP CRAB Pattern is in play and the PRZ is at 5440.. Price could overshoot a bit, but 1.618 of the XA leg is the ideal PRZ..

Price is expected to Reverse from PRZ and we dont know how deep it will go down (38%-50%-61% or more) .. Better to wait for a good price action at the extreme lows and not chase the price now

I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.