Nifty: The Rising Wedge Pullback

9 wrz 2018

Notes on the chart.
Enjoy the weekend.
Regards

9 wrz 2018

Uwaga

10 wrz 2018

Uwaga

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 wrz 2018

Uwaga

The wedge target is done @11455

10 wrz 2018

Uwaga

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 wrz 2018

Uwaga

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

11 wrz 2018

Uwaga

Quite fast journey from 11580 till 11300.
Enjoy.

11 wrz 2018

Transakcja zamknięta: osiągnięto wyznaczony cel

11305..consider it a hit.