Short

Updated

NIFTY - SHORT SETUP

Hi,

Please refer chart for details

Trade active

Stop revised to today's high

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expecting a quick fall if stops are not taken.. lets see how this will turn around ?

Trade active

i was lucky ( May future reversed from 10703.65 , my stop was at 10705) today stop save for 1 point
This is treated as throw over just before the dramatic reversals normally found just after the wedge pattern ( wave 5 of elliot) -Now holding for the targets

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Trade closed: target reached

First target hit.
As expected movement was quick

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61.8% fib level hit ( a support zone)

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Trade closed: target reached

@ Target 2 zone

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Thread closed -- Thank you

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we may get trade setup as below .. will post if it is valid as a different thread

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Also on:

Also on:

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