It seems that we have not finished blue Wave C
Also Thursday is expiry day and sellers will not allow buyers to enjoy profits.
I think we are on verge of going down but needs final push up which has happened today, and therefore I planned to post this post after market opened.
So Falcon Waves - wave C finishes today, RSI and CCI are already over bought on 1H
16200 seems to be final resistance
Happy trading!
Also Thursday is expiry day and sellers will not allow buyers to enjoy profits.
I think we are on verge of going down but needs final push up which has happened today, and therefore I planned to post this post after market opened.
So Falcon Waves - wave C finishes today, RSI and CCI are already over bought on 1H
16200 seems to be final resistance
Happy trading!
- Short today as market closes for target for wave A down
- 16200 seems to be good resistance zone
Note
Clean Chart Note
Can go to 16200 - 16400 levels followed by selling pressure
Why?
Because Wave C can be 100-123% of A+B
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
Related publications
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
Related publications
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.