#Nifty 2nd August 2022 || Falcon Trader Analysis for #Nifty50
It looks like we have reached a zone for now that has strong resistance area. Breaking above this seems very unlikely in next few days. I can be wrong because market does what market does.
I will be ready to short if I get red candle closing below previous green candle low. That is simple trigger line concept that always works for me.
This seems to be wave 2 on monthly chart - I am analysing all this with DJI and SP500
More on this later.
Enjoy trading, don't trade against the trend because market is always right.
I will be ready to short if I get red candle closing below previous green candle low. That is simple trigger line concept that always works for me.
This seems to be wave 2 on monthly chart - I am analysing all this with DJI and SP500
Enjoy trading, don't trade against the trend because market is always right.
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
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