Nifty 50 IndexLong
7906 - 8305 & 9000 are the levels to watch!
Updated
Longterm view:
We see a nice bull-market, the present consolidation Phase (since 09/2016) ended exactly at the normal correction Level fibo 0,5!
As Long as we trade above that level, we still keep aiming the 9000 - in a next step with Prices > 9000 (TP1) --> 10.500 as TP2 is thinkable!
The in my former view mentioned H&S should still be watched! As Long we are trading below the potential right shoulder, the H&S pattern is still valid
Trading below the potential right shoulder, respective the neckline (real short trigger) will generate TPs at 7208 / 6800
Short: An anticyclical short has a very nice c r r , but does not fit to my tradingstyle...
i prefer cyclical BreakOuts like this one
Long:
We see a nice bull-market, the present consolidation Phase (since 09/2016) ended exactly at the normal correction Level fibo 0,5!
As Long as we trade above that level, we still keep aiming the 9000 - in a next step with Prices > 9000 (TP1) --> 10.500 as TP2 is thinkable!
The in my former view mentioned H&S should still be watched! As Long we are trading below the potential right shoulder, the H&S pattern is still valid
Trading below the potential right shoulder, respective the neckline (real short trigger) will generate TPs at 7208 / 6800
Short: An anticyclical short has a very nice c r r , but does not fit to my tradingstyle...
i prefer cyclical BreakOuts like this one
Long:
Note
BO started.. Note
rsi is near the overbought area....a correction could start These days Note
shortterm tf Looks still bullish Note
RSI with a selling Signal Note
Note
rsi is near the buying areaa, but no signal yet..perhaps we kiss the bo-level again and will see the rsi longsignal than Note
yeah Note
yes Note
nice nice nice but rsi is overbought now Note
Note
530 Points at present..nearly reached the tp Note
Trade closed: target reached
wow...nice ... now we can concentrate to the upcoming big BO! i will open a new thread for that Szenario..thx for reading my views
Trade closed: target reached
new thread: 
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