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Risngwedge

Nifty - Possible Leading Diagonal / Bearish GartleyThe leading diagonal or rising wedge or type-1 diagonal, is a narrowing price move composed of two converging trendlines. If bottom or lows of 16836 & 16866 holds then Index can push upside tomorrow on account of Budget 2022 ----------------------------------- Trading Strategy ----------------------------------- ----------------------------------- Part A - Mixed Outlook ----------------------------------- Buy Above 17325 - Target 17410 / 17500 - Going into the PRZ (Potential Reversal Zone) Sell Below 17500 Only if Index halts in PRZ (Potential Reversal Zone)- Target 17260 ----------------------------------- Part B- Bullish Outlook ----------------------------------- Finally, Buy If Index halts & takes support at 17075 or look to buy close to 16865- Keep in mind these supports should not be broken. ------------------------------------- Last Idea on Nifty -------------------------------------
NSE:NIFTY
by WaveTalks
39
BTC IMMINENT CRASH! 70K TOP / FINDING ITS SUPPORT @ 52K TO 50KNO ONE CAN GO PARABOLIC, NEITHER ELON MUSK NOR BITCOIN BIG DADDY CAN GO UP WITHOUT HAVING A STRONG LEG DOWN - PERIOD. BTC GONNA CRASH @ 70K / SUPPORT @ 21W EMA / 50K TO 52K / SHORT @ 70k REASONS / INDIAN ELITE BTC SNIPER v4.0 / IN MY HUMBLE OPINION 1. BULLISH TREND - RISING WEDGE PATTERN indicating TREND REVERSAL in the mid term (as the same MAY 2021 Crash) 2. HEAD AND SHOULDERS PATTERN - formation of head and shoulders pattern 3. WYCKOFF DISTRIBUTION PATTERN / As the same Feb 21 - May 21 4. ABC correction wave Imminent / finding its support @ golden 0.618 fib around 50k -52k 5. 21 Week EMA @ 51530 at the time of publishing. 6. LONG @ 50 - 52K TILL 135K, THEN EXIT THE MARKET PROS OF BTC CRASH 1. HEALTHY CRASH FLUSHING OUT OVER LEVERAGED PLAYERS (>3X) 2. EXTREMELY BULLISH , AS SOON AS THE CRASH HAPPENS, CONSOLIDATION FOR 15 TO 25 DAYS ( JAN 2022), THEN BTC GONNA GO PARABOLIC TO 135K, FINISHING THE CYCLE AROUND 150 K @ MAR 15/22. 3. THIS MARKET CYCLE ISN'T OVER WITHOUT BTC CROSSING 100K -PERIOD. 4. THANKS TO BENJAMIN COWEN @ CRYTPOVERSE FOR HELPING ME GAIN SO MUCH KNOWLEDGE. THANK THE GOD / ALL GLORY GOES TO HIM. THANK YOU.
Short
by vign1995