SIEMENS: Reciprocal ABCD

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Harmonic reciprocal ABCD has formed on the daily chart of SIEMENSE. PRZ around 3510. A decent recovery is likely from that level. Also, PRZ is around the rising trendline.

NB: Not a stock recommendation for Buy or Sell. For educational purpose.

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ملاحظة

Correction: the pattern is Harmonic ABCD not reciprocal ABCD.