hi Traders,
Weekly the swing had a correction of 38%.
The daily time frame's Inverted H&S pattern is a confirmation of the trend change(from correction to impulse wave)
Nifty 50 will make a move from 500 to 1500 points till the previous high of the weekly swing.
The targets are mentioned in the chat.
As we have 14days to expiry, there is enough time to hit target 1. Interested traders buy ATM CALL option or FUTURES
https://sbull.co/s/o5GevA1W/
Weekly the swing had a correction of 38%.
The daily time frame's Inverted H&S pattern is a confirmation of the trend change(from correction to impulse wave)
Nifty 50 will make a move from 500 to 1500 points till the previous high of the weekly swing.
The targets are mentioned in the chat.
As we have 14days to expiry, there is enough time to hit target 1. Interested traders buy ATM CALL option or FUTURES
https://sbull.co/s/o5GevA1W/
Trade active
Note
For the inverted H&S breakout, the market has been to a correction and covered up the correction and pulled fully up..., the market is in full bull control,
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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.
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.