Nifty: The Rising Wedge Pullback

9 set 2018

Notes on the chart.
Enjoy the weekend.
Regards

9 set 2018

Nota

10 set 2018

Nota

The wedge broke with a gap and is sliding down. Its oversold in the current situation, we might see some recovery in the afternoon if the marked level is breached.
But strategy would be the same, sell the pullups. Targets intact.

10 set 2018

Nota

The wedge target is done @11455

10 set 2018

Nota

What I see on the lower tf is a cypher pattern completion near today's low.

Which means if we recover from this point, possible targets could be 11494 and 11515-535 zone. Any weakness in these areas would attract fresh shorts.

If in the morning we Dive down from today's low, target will be 11300 zone.

All the best for this tough week.

11 set 2018

Nota

Exactly 50 points away from our target.
Till then I ll sell on rallies.

11 set 2018

Nota

Quite fast journey from 11580 till 11300.
Enjoy.

11 set 2018

Trade chiuso: obiettivo raggiunto

11305..consider it a hit.