on D timeframe SGX NIFTY,
yesterday due Powell speech Nassdaq tanked 500 points
Bearish Signal:
1) So SGX broke an important trend line rising from 16469
2) with double top being formed unevenly & this indicating the break of the neckline,
we can see a good fall unto 16700 levels HOW ? ( Look down on Bullish)
Bullish Signal :
1) after all the correction happened...
Forming a bearish pennant and targets comes to 17500 level $ , Can bleed more since that’s the major support and breaking that - can go down to 13-14 k $ levels
Check out the chart and whenever it breaks the yellow Trendline with a closing Of 1 hour candle above the trend line , can enter for Top of the flag and Beyonf Targets