Long

Updated

Flag Attack!!! TP 12.750?

Hi nifty traders :-)
Nifty still seems to be bullish. There is a wonderful flag..the consolidation stopped exactly at the min. correction level (Fib 0,38). This seems to be a traders dream :-)
As long as nifty is trading above this niveau (11.550), the sentiment is bullish.
Breaking this niveau should initiate a sharp and fast downmove with first TP 0,618 Fibo at 11.260.
Good trades !
Comments are strongly appreciated

Trade active

Yihaaa

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flag is triggered and active - next target should be 12200, followed by a test of the ATH. Perhaps we see a short consolidation these days...important is from now on, not to trade (per close) below 12.000

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Trade closed: target reached

Ok guys :-) This was really ice!! To breakfast we had the AllTime-High test...now it is time to close a part of the long

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imo, we soon will see a shortterm consolidation...tp could be the 0,38 fibo, near the former breakoutlevel

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here we could make a new 3?

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this candle is potential bearish

could initiate a trend change (temporarily top)

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nice breakaway-gabs these days ;-)

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no bearish candle anymore :-)

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yihaaaaaaaaaaaaaaaa

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Trade closed: target reached

Ding Dong Nifty reached TP2 ..thx

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in the shortterm timeframe, we see, that the moimentum and the trenddynamik is weakening...but if you have a look at the RSI and MOmentum, we still could exspect a further buying wave from here...especially with prices > 13.000

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if we soom back to the daily, we can see, that the rsi and momentum are signalizing a shortterm break...

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we possibly see a ntrendchange candle today ?

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yes!! here we go--here is a trendchange candle

Trade active

countertrade - super CRR! lets see..when sl will be triggered --> switch into shortterm long position

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short killed, switched to long

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Trade closed: target reached

reached tp again

The_Cannalyst

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The_Cannalyst