Next downwave ahead?

21 nov 2018

Nice 1-2-3 pattern?
Today we see the possible break of the shortterm uptrend. If this will be sustainable, a first TP could be the Fibo-Cluster. TP2 could be the former october- low. Below that level. we should see a shortterm selloff.

remember my longterm view:
s3.amazonaws.com/tradingview/snapshots/b/b5CiR9gc.png
today:

22 nov 2018

Nota

22 nov 2018

Nota

in the shortterm view, the rsi is down...but from y cyclical view a new low should be made

22 nov 2018

Nota

n1

22 nov 2018

Nota

Short trade is in full swing...we are near TP1 (0,38 fibo)

22 nov 2018

Nota

Oh! A H&S!!!

26 nov 2018

Nota

26 nov 2018

Nota

is the sentiment changing? Trading above the neckline would brighten the chart !

26 nov 2018

Nota

TP1 (0,38 Fibo) reached

26 nov 2018

Nota

strooong nifty today

26 nov 2018

Nota

for holding that short nifty has to break its strong intraday trend

26 nov 2018

Nota

if the trendbreak really would appear, a new short like the following example could be openede with sl at todays high

26 nov 2018

Nota

26 nov 2018

Nota

27 nov 2018

Nota

STRONG NIFTY!

28 nov 2018

Nota

reached min tp H&S

28 nov 2018

Nota

now have a look at the shortterm trend

28 nov 2018

Nota

now there are two alternatives: anticyclical short when the trend will break - narrow sl short above the last top s3.amazonaws.com/tradingview/snapshots/t/thoOD5sM.png
or a cyclical long above the last top s3.amazonaws.com/tradingview/snapshots/a/AQvjybhZ.png

28 nov 2018

Nota

examle short

28 nov 2018

Nota

long

29 nov 2018

Nota

wow

3 dic 2018

Nota

tp reached

3 dic 2018

Nota

6 dic 2018

Nota

aha

10 dic 2018

Nota

12 dic 2018

Nota

28 gen 2019

Nota

11.000 is still the level to watch