NIFTY - SHORT SETUP

Hi,

Please refer chart for details

İşlem aktif:

Stop revised to today's high

Yorum:

Yorum:

expecting a quick fall if stops are not taken.. lets see how this will turn around ?

İşlem aktif:

i was lucky ( May future reversed from 10703.65 , my stop was at 10705) today stop save for 1 point
This is treated as throw over just before the dramatic reversals normally found just after the wedge pattern ( wave 5 of elliot) -Now holding for the targets

İşlem kapandı: hedefe ulaştı:

First target hit.
As expected movement was quick

Yorum:

61.8% fib level hit ( a support zone)

İşlem kapandı: hedefe ulaştı:

@ Target 2 zone

Yorum:

Thread closed -- Thank you

Yorum:

we may get trade setup as below .. will post if it is valid as a different thread