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CENTURY TEX

От Dinesh_C_Nagpal
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In weekly time frame it is showing signs of revering from a Bearish Harmonic Cypher PRZ. In hourly time frame it has made a Bearish Harmonic Gartley and reversed. Failure to hold 490 on closing basis in daily time frame could be a trigger for the expected down move till 450. In hourly time frame trading above 513 would negate the move for now.
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Since this was a weekly reversal, the fall has also been accordingly a grinding one. Now as long as it sustains below 485 on daily closing basis, it will remain weak till it tests its earliest support near 450
Bearish CypherBearish GartleyCENTURYTEXharmonicmovesHarmonic PatternsTrend Analysis
Dinesh_C_Nagpal
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