Falcon_Trader_1

Falcon_Trader_1 Updated 

Falcon Waves ABCDE pattern on SGXNIFTY Plan your #Nifty50 trade with me on Trading View Looks like we are going down in wave B and then will go up in wave c followed by wave D and consolidation E wave

Falcon_Trader_1 Updated 

Hi friends, Check this - Bitcoin moving down in monthly chart in wave 5th of Wave A. This should be last move down before it goes up in Wave B. If this is true then we are in first wave of Wave 5th down of Wave A. If this goes down from here in 5 waves then the 5th wave of wave A will end, Orange - Monthly Green - Weekly Blue - Daily

Falcon_Trader_1

DJI is in 5t wave soon to finish and soon ABC cycle will start. The downward cycle will lead the prices to previous wave 4 towards 18000 levels and Weekly chart: and Daily chart: Little bit of steam left that can take prices high, and therefore there is chance of up move in the short term

Falcon_Trader_1

Reliance Industries Ltd. remains favourite among many NSE traders, and among people who trade #Nifty50 in India. This one is in wave 4 and subsequently wave 5, down and therefore I am looking at shorting opportunities from these levels. Happy Trading.

Falcon_Trader_1

Hello traders, Right now you have great opportunity to make money if you follow stop loss, risk management and position sizing. Nifty is ready to fall down, and with possible internal wave 2 near 17000 levels - 17100 levels can give you a opportunity to sell and short this market which is nothing but bubble. I am looking at 16400 levels in next 20-25 days,...

Falcon_Trader_1

Nifty trade setup for 21st March 2022 Looks like One last leg is down and this can be a good case for up move Falcon Wave looks like this will form wave 3 final and then there is a 4th wave upside pending that will eventually break this for 5th wave down in bigger time frame.

Falcon_Trader_1

Time waits for none, how much time do you need to learn? Check out Falcon Trader Analysis for Nifty 50 Index for 17th March 2023 Nifty has not completed this 3rd wave down, and this will end around 16848 followed by up move to complete wave 4 in ABC format, therefore next week Monday should go in that, - more on this soon. Overall trend is down, but a good...

Falcon_Trader_1

Nifty is in downtrend for now and every trade should follow the main trend that is down. Plan your trade well with Falcon trader analysis of Nifty 50. We are in daily chart wave 5 downwards - with target of 17000 and below levels. Looking at good rally downwards with multiple opportunity to short this Index. Post the target is achieved we will have fresh...

Falcon_Trader_1 Updated 

FOMC meeting rate hike 75bps is what market expected, a rally to complete and make a local top? I think monthly wave 4 is finished here at almost 50% retracement - looks fishy? For now wave count has changed. You have to follow rules in this market and rules like HA candle, Trigger line will always work. Always use stop loss. The entire rally suggested...

Falcon_Trader_1

If today dark pink wave 2 was crossed I would have changed my counts or checked the Falcon Wave count. For now count remains same. This wave 3 - can have retracement like this in Falcon Waves and that is okay.

Falcon_Trader_1 Updated 

Bank Nifty formed a local top - and looks like next target is the blue A wave, and the target will be 34779 Clear Chart: This is Falcon Waves and not Elliott Waves. You can check out daily wave count - mentioned below link to related ideas.

Falcon_Trader_1

Falcon Waves moving as per plan. Almost finish of Wave A blue. Clear chart: Nothing has changed for Falcon Wave count so far. Keep making money. Focus on risk management and Falcon Waves. Price action, entry and exit at key level is always important.

Falcon_Trader_1 Updated 

In the post that was for today 25th July 2022, Link below (Nifty - what next? July Month Expiry - I had mentioned that we are looking at some local top to be formed. Having said that - there are technical analysts who are looking at bigger trend move up in 5 waves. While we still hold Falcon Wave - where green A weekly wave was formed, and now going down in...

Falcon_Trader_1 Updated 

Nifty has formed 5 waves to complete this massive up rally, wave A usually is great impulse in Falcon Waves (Not Elliott Waves) and this entire journey ow is mapped. Thanks to Heikinashi Candles and Falcon trigger line concept, that enables me to win during this entire rally. While I keep outlook for short - to form green B (which will have blue daily abc...

Falcon_Trader_1

I will post some detailed description on Falcon Trigger Line method as an educational post, but basic concept is like this: When we anticipate trend reversal, e.g. right now trend is up and we want to short this market, or we are expecting a reversal, the best method is to use Falcon Trigger Line Concept. Shorting Scenario: Take the short when red candle...

Falcon_Trader_1

Nifty formed the weekly green A, and now we are looking at down in B and up in C. Overall - for now, we can say that there is good upmove - but this will eventually come to an end for some retracement. Falcon Wave count - has not changed so far, the overall concept of ABC waves etc. has worked, and nothing has changed. What changed? - The green A move to...

Falcon_Trader_1 Updated 

Sharing weekly chart only for now, Here if you see, I have marked two circles, the first green A wave was for wave 2 orange of monthly wave count, and this time second green A formation is for the wave 4 monthly count. Pretty simple, yet market can always surprise. The first one was formed around 10th Jan 2022 and this time it is around 19th July 2022. I...

Falcon_Trader_1 Updated 

Brutal and totally not planned green A (with blue ABC) show in the chart. In one month or about 20-25 trading days we should change our counts max one or two times. If we achieve this then success is ours. I will explain step by step on what is on the table, Monthly Wave counts shown in Weekly Time Frame Chart: Falcon Waves move in ABCDE format marked in...