Nifty -- Potential Bearish Gartley -- Bulls be careful !!!

13 Haz 2018

Hi,

A potential bearish Gartley pattern completed on nifty with RSI divergence.

Price action may give us a nice opportunity for an extended target which will be the completion bigger BAT pattern in the picture.


Target 1 - 10713
Target 2 -10601
Target 3 - 10421
Target 4 (extended, completion of bat pattern) - 10065

Trade with care,
Gulz.

13 Haz 2018

İşlem aktif

price action broke the rising trend line

13 Haz 2018

İşlem aktif

i'm on learning stage of elliot wave theories, but one thing -- if nifty on 5th wave and if reversal happens from here based on this pattern, there is a high probability that a truncated 5th wave will initiate sharp fall and coming days will b in favor of bears.. lets wait and see.

14 Haz 2018

İşlem aktif

Not bad !

14 Haz 2018

Not

broken 10800 level

15 Haz 2018

İşlem aktif

Last low @ 10755.45

Happy weekend & Eid Wishes to All

19 Haz 2018

İşlem kapandı: hedefe ulaştı

TP1 Hit

19 Haz 2018

Not

22 Haz 2018

Not

channel broke

27 Haz 2018

Not

Going well

28 Haz 2018

İşlem kapandı: hedefe ulaştı

TP2 Done, Last Low @10566

2 Tem 2018

Not