Nifty : Symmetrical Triangle Pattern
Updated
Hi Friends,
I hope you guys have noticed the previous post[Let;s ride the waves] about using Patterns insync with Wave theory. When I posted it on Sunday, the triangle had spill outs and looked bad, now take a look at above chart after 4 days , I just marked out the triangle its almost perfect formation here in Nifty. Let the Nifty consolidate as long as it wants to, patience is your best friend, Don't take trades bcos of excitement.
So that analysis [Lets ride the waves on Nifty ] is still very much valid, check it out from related ideas section below, its a combination of prime forces of technical analysis. There is so much you can learn from that post...
Thanks for your support... Happy Trading !
I hope you guys have noticed the previous post[Let;s ride the waves] about using Patterns insync with Wave theory. When I posted it on Sunday, the triangle had spill outs and looked bad, now take a look at above chart after 4 days , I just marked out the triangle its almost perfect formation here in Nifty. Let the Nifty consolidate as long as it wants to, patience is your best friend, Don't take trades bcos of excitement.
So that analysis [Lets ride the waves on Nifty ] is still very much valid, check it out from related ideas section below, its a combination of prime forces of technical analysis. There is so much you can learn from that post...
Thanks for your support... Happy Trading !
Note
We have Bullish Cypher in Nifty, so if you are pattern trader....Its waiting for you !
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