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Índice Nifty 50Atualizado

nifty harmonic + rising channel setup

as we can see it started making ab=cd pattern when bounced from point c. Now cd leg is in progress but nifty fell in this leg then we can see rising channel and nifty is respecting it well. Now if nifty gaps down and reverses and makes hammer candle and enters lower channel line then we can see upside till upper channel line then after breakout of channel we can see finale at point d which is 18745 and IF it does not recover from lower line it may fill gap sell side as shown with arrow.
trade at your own risk
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book some profit 177676 low
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17736 low made book more
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17735-17676 is now consolidation
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17719 low
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fresh short below 17720 now only
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snapshot
fake breakdown
UnknownUnicorn22711483
Harmonic PatternsNIFTYTrend Analysis
UnknownUnicorn22711483

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