Possible triangle formation for further down leg

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Current price action in Nifty suggests triangle consolidation for more downside!!!
Nota
Moment of truth, price reached level for last leg of triangle -> istantanea
Nota
Looks like market is talking to us now -> istantanea
Nota
Looks like we finished 1st wave down and any 3 wave correction could be a sell for further down move. -> istantanea
Nota
market is following the idea and coming down in expected wave count...
istantanea
Nota
updated wave count for down leg -> istantanea
Trade chiuso: obiettivo raggiunto
5 down waves down completed. Trade idea valid , new lows formed!!!
istantanea
nifty50Wave Analysis

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