Finaly silver mcx break 1st support, ready for fall

How to take trades using Harmonic pattern projection Trade setup is explained below :-


To take Fresh trade : EARLY etry willl be above/ below 13.5% level . Safe traders can enter above or below 27.3% level

Targets :

Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target

( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also).

T2: 50% level is our 2nd Target

T3: 61.8% to 65 % is our 3rd Target

( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)

Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%.

161.8 to 165% if profit booking area so book full profit and wait for reversal.

How to take reversal trade :

If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based .
After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .

Trailing SL:

After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)

Blue Line is 1st support/ Resistance

Green line is 2nd support/ resistance

Red line is 3rd Support/ resistance