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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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.