Nifty looks like has completed 4, and this up move was just the completion of wave 2 (of bigger wave down)
We will see wave count as 5 waves going down from here, of which 1 and 2 are done, so Monday or Tuesday - we will see wave 3 formation going down.
Note: Red numbers are 1H time frame and Yellow waves are the waves within red 1H time frame.
Chart has all levels marked.
Let me know what you think!
We will see wave count as 5 waves going down from here, of which 1 and 2 are done, so Monday or Tuesday - we will see wave 3 formation going down.
Note: Red numbers are 1H time frame and Yellow waves are the waves within red 1H time frame.
Chart has all levels marked.
Let me know what you think!
Trade active
4 completed, and now Wave 5 should go down and break previous low. Nifty overall will see new lows. 
Falcon Trader
Trading Courses charts-stocks.com
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Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.