NIFTY SPOT CMP 19315
weekly time frame
wolf wave + pre assumed harmonic formation
Bearish wolf wave formation
Index is trading above the resistance line of structure. over bought
bearish divergence on rsi and macd with respect to price.
Cyper pattern roll out,
leg C should be 1.13% of leg AB, at the moment its around 1.128 almost at maturity levels.
if this pans out, there can be sharp fall from current levels. going ahead..
caution for bulls,,
wolf wave + pre assumed harmonic formation
Bearish wolf wave formation
Index is trading above the resistance line of structure. over bought
bearish divergence on rsi and macd with respect to price.
Cyper pattern roll out,
leg C should be 1.13% of leg AB, at the moment its around 1.128 almost at maturity levels.
if this pans out, there can be sharp fall from current levels. going ahead..
caution for bulls,,
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