Nifty: The Rising Wedge Pullback

9 בספט׳ 2018

Notes on the chart.
Enjoy the weekend.
Regards

9 בספט׳ 2018

הערה

10 בספט׳ 2018

הערה

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 בספט׳ 2018

הערה

The wedge target is done @11455

10 בספט׳ 2018

הערה

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 בספט׳ 2018

הערה

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

11 בספט׳ 2018

הערה

Quite fast journey from 11580 till 11300.
Enjoy.

11 בספט׳ 2018

עסקה סגורה: היעד הושג

11305..consider it a hit.