Study Only. If HnS come to traders aid @ 457-459, Bears may want more fun, unless Fib sends them back!
Now, lets see who wins...b vs s for small correction if external triggers starts the race to fastest 100!
lets see Fib taking over the control of Trade.
Now ABC, and enter next Impulse Wave. Watch out Economic calendar for Q4 results.
Looking for Short: 1] RSI 2] Trendline top 3] Fib level of previous down swing
Study Only: Bears give first yawn...out from winter slumber!
a trade for brave hearts and then post pattern completion, conservative can jump in depending on decisions at D
Agressive trader wants to enter now, conservative ould like to wait for failure of double tops...or neck line.
Daily RSI may give good buy on dips. Accumulate for long players.
Daily RSI may give good buy on dips. Accumulate for long players.
So far Bear still breathing...next 1-2 weeks, its now or never after that its Bulls kingdom all the way.
3rd Imluse wave? Lets see... Breaks DT and its long ride on NH3 for traders with patience else if Neck line is broken, Option traders still mint... Money on both sides for being patient.
Made a double top in 1 hr charts. For short term trades. Else: HDFC Bank is on 3rd Impulse wave ( WEEKLY Charts) provided it passes the test of double top failure...in that case Option players are going to mint mint and mint. Else, wait for neck line failure, and then Option players are going to mint mint and mint...