Next downwave ahead?

Nice 1-2-3 pattern?
Today we see the possible break of the shortterm uptrend. If this will be sustainable, a first TP could be the Fibo-Cluster. TP2 could be the former october- low. Below that level. we should see a shortterm selloff.

remember my longterm view:
s3.amazonaws.com/tra...shots/b/b5CiR9gc.png
today:

Comment:

Comment:

in the shortterm view, the rsi is down...but from y cyclical view a new low should be made

Comment:

n1

Comment:

Short trade is in full swing...we are near TP1 (0,38 fibo)

Comment:

Oh! A H&S!!!

Comment:

Comment:

is the sentiment changing? Trading above the neckline would brighten the chart !

Comment:

TP1 (0,38 Fibo) reached

Comment:

strooong nifty today

Comment:

for holding that short nifty has to break its strong intraday trend

Comment:

if the trendbreak really would appear, a new short like the following example could be openede with sl at todays high

Comment:

Comment:

Comment:

STRONG NIFTY!

Comment:

reached min tp H&S

Comment:

now have a look at the shortterm trend

Comment:

now there are two alternatives: anticyclical short when the trend will break - narrow sl short above the last top s3.amazonaws.com/tra...shots/t/thoOD5sM.png
or a cyclical long above the last top s3.amazonaws.com/tra...shots/a/AQvjybhZ.png

Comment:

examle short

Comment:

long

Comment:

wow

Comment:

tp reached

Comment:

Comment:

aha

Comment:

Comment:

Comment:

11.000 is still the level to watch