bullish harmonics / falling parallel channel trade :

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nifty
cmp 17005
yesterday swing low 16850 has triggered bullish harmonics .886 levels
making bottoms near trend line supports of parallel channel .
positionally nifty can reach 17140 / 17220 / 17440 / 17570 / 17780 levels with stop loss of 16740 on closing basis
all technical set ups are shared in charts
注释
Indications for a good bottoming out of the current downtrend corrective phase
1. huge volatility
2. doji candles in index
3. Extreme fear in retailers sentiment
4. Fiis at almost at 10% longs only.
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17263+ high
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17320+ high
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17428+ high
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17466+ high
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17506+ high
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17601+ high
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17668+ high
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17740+ HIGH
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17819+ high
交易结束:到达目标
Harmonic PatternsParallel ChannelTrend Analysis

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