Gamechanger_TheOne

Nifty bullish continuation pattern...waiting for breakout

Long
NSE:NIFTY   Nifty 50 Index
Nifty had given a gapup opening above an important resistance zone and has been consolidating.
This likely is a contraction zone which will take some time to develop.
I personally prefer to go long on the break of the upper portion of the contraction zone as and when it happens now.
Trade may be taken on shorter timeframes.
Trade active:
The contraction zone has been broken upwards in style.
Lets enjoy the joy ride!
Trade active:
The present move validates the trade and has come after a retest of the zone.
Trade active:
Where do we go? Trend is our friend...so lets ride the wave to glory!
Trade active:
One more retest of the zone followed by a dead cat bounce.....
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