#Nifty || 12th July 2022 || falcon Trader Analysis for #Nifty50

11 Jul 2022

Nifty is moving as per plan. But I want to talk about price time squaring lines. These lines will be given to you for free on almost every chart wherever applicable.

And we will try not removing them.

So today 1:15 PM, we had some trend change upwards on 1H. And then it again came down and follows the downtrend (if downtrend will continue tomorrow).

One way to read these lines (vertical pink lines) will be to keep in mind that something will happen around this time, a possible volume shoot up or trend change it.

Now in #FalconWaves we are moving in ABC fashion to form green B. The down ward pressure of A will be completed soon.

12 Jul 2022

Catatan

Wave 1 done: