NIFTY Ready for a Down Swing move ??!!!
已更新
Chart pattern insist me the above titled opinion
REASONS
1. NIFTY has been trading inside a Descending channel pattern creating lower highs and lower lows
2. Right now, it is at the resistance level(top of descending channel)
3. Day close above 18260 will pave way for the bulls
4. Safe SL can be Day candle closing out of the Descending channel
5. Target levels mentioned @ chart
6. In hourly time frame, Head & Shoulders pattern is evolving(right shoulder in formation)
7. Better to enter after the H&S BREAKDOWN!!!(BELOW THE BLUE TREND LINE)(ATTACHED BELOW)
8. In addition to the above stated , BEARISH HARAMI(JAN 18 AND 19 DAY CANDLES COMBINED) adds more to the PROBABLITY OF DOWBN MOVE!!!!!
Bank Nifty too travelling in a similar descending pattern (shown below)
Let's wait & watch how it moves!!!!
REASONS
1. NIFTY has been trading inside a Descending channel pattern creating lower highs and lower lows
2. Right now, it is at the resistance level(top of descending channel)
3. Day close above 18260 will pave way for the bulls
4. Safe SL can be Day candle closing out of the Descending channel
5. Target levels mentioned @ chart
6. In hourly time frame, Head & Shoulders pattern is evolving(right shoulder in formation)
7. Better to enter after the H&S BREAKDOWN!!!(BELOW THE BLUE TREND LINE)(ATTACHED BELOW)
8. In addition to the above stated , BEARISH HARAMI(JAN 18 AND 19 DAY CANDLES COMBINED) adds more to the PROBABLITY OF DOWBN MOVE!!!!!
Bank Nifty too travelling in a similar descending pattern (shown below)
Let's wait & watch how it moves!!!!
注释
Tmrw candle can be the decider!!!交易开始
What a move!!! H&S target achieved !!!Respecting the Channel in Daily timeframe!!!
交易开始
Target 1 done!!!!交易结束：到达目标
target 2 done!!!17400 key support!!1
注释
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。