#Nifty - Falcon Waves 3D

We are somewhere in overbought area but this rally is continuing upwards, we all want a pull back, don't we?

Looks like 17910 is possible, with pull back to 16400 levels on cards, and then rally should continue upwards.

Does this mean local bottom was done?
Very much possible with new Falcon Wave count shared earlier

What are your thoughts?

I actually had to use a 3D chart to share this, the continued upward rally has been painful for the wave count however only thing that has helped is heikinashi candles. Start using it!

Trade chiuso: obiettivo raggiunto

Commento:

Updating a 1D chart
Path looks certain

Commento:

This is not Elliott Waves
Falcon Waves moves in ABCDE pattern

We are in Wave B for Nifty 50

This should end around 17000 levels - 16700 Levels