NIFTY: TIME CYCLE SECRET
Diupdate
Observations:
> NiftyIndex up waves are ending within 25 days and down waves within 7 days.
> Bullish or Bearish crossover, or divergence at the end of waves.
> Strong Bullish and Bearish patterns seen at the end of up and down waves respectively.
Combining all these three observations can provide strong Buy and Sell signals.
Current Up wave:
> Current move also started with a kicker and gap up along with a bullish divergence on the oscillator.
> If price stays with in the channel, the possible targets could be the upper trendline of the major channel shown in the chart, which comes out to be 10500-10600.
> If price overshoots the channel line, the possible target for this wave could be 10900 to 11000.
> If this wave cycle repeats, the current wave may end near 20th December 2017
Do Hit the like button and share your thought on the post.
Trade safe, stay healthy.
Regards
Bravetotrade
> NiftyIndex up waves are ending within 25 days and down waves within 7 days.
> Bullish or Bearish crossover, or divergence at the end of waves.
> Strong Bullish and Bearish patterns seen at the end of up and down waves respectively.
Combining all these three observations can provide strong Buy and Sell signals.
Current Up wave:
> Current move also started with a kicker and gap up along with a bullish divergence on the oscillator.
> If price stays with in the channel, the possible targets could be the upper trendline of the major channel shown in the chart, which comes out to be 10500-10600.
> If price overshoots the channel line, the possible target for this wave could be 10900 to 11000.
> If this wave cycle repeats, the current wave may end near 20th December 2017
Do Hit the like button and share your thought on the post.
Trade safe, stay healthy.
Regards
Bravetotrade
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Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
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