Possible triangle formation for further down leg

Feb 21, 2018

Current price action in Nifty suggests triangle consolidation for more downside!!!

Feb 26, 2018

Note

Moment of truth, price reached level for last leg of triangle ->

Feb 28, 2018

Note

Looks like market is talking to us now ->

Mar 1, 2018

Note

Looks like we finished 1st wave down and any 3 wave correction could be a sell for further down move. ->

Mar 1, 2018

Note

market is following the idea and coming down in expected wave count...

Mar 5, 2018

Note

updated wave count for down leg ->

Mar 6, 2018

Trade closed: target reached

5 down waves down completed. Trade idea valid , new lows formed!!!