PAYTM is approaching a major weekly resistance/PRZ after a strong upward move.
The current harmonic structure suggests a potential bearish reversal from this zone. I am looking for clear rejection and bearish confirmation before considering any short-side setup.
This is a technical analysis based on market structure, harmonic patterns and PRZ confluence. It is not a prediction or a guaranteed outcome.
I am not a SEBI-registered investment adviser/research analyst. This post is shared only for educational and informational purposes and should not be considered investment advice.
I am not responsible for any profit or loss arising from any trading or investment decision made based on this analysis. Trade at your own risk and conduct your own research.
The current harmonic structure suggests a potential bearish reversal from this zone. I am looking for clear rejection and bearish confirmation before considering any short-side setup.
This is a technical analysis based on market structure, harmonic patterns and PRZ confluence. It is not a prediction or a guaranteed outcome.
I am not a SEBI-registered investment adviser/research analyst. This post is shared only for educational and informational purposes and should not be considered investment advice.
I am not responsible for any profit or loss arising from any trading or investment decision made based on this analysis. Trade at your own risk and conduct your own research.
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.