Next downwave ahead?

Nice 1-2-3 pattern?
Today we see the possible break of the shortterm uptrend. If this will be sustainable, a first TP could be the Fibo-Cluster. TP2 could be the former october- low. Below that level. we should see a shortterm selloff.

remember my longterm view:
s3.amazonaws.com/tra...shots/b/b5CiR9gc.png
today:

Bình luận:

Bình luận:

in the shortterm view, the rsi is down...but from y cyclical view a new low should be made

Bình luận:

n1

Bình luận:

Short trade is in full swing...we are near TP1 (0,38 fibo)

Bình luận:

Oh! A H&S!!!

Bình luận:

Bình luận:

is the sentiment changing? Trading above the neckline would brighten the chart !

Bình luận:

TP1 (0,38 Fibo) reached

Bình luận:

strooong nifty today

Bình luận:

for holding that short nifty has to break its strong intraday trend

Bình luận:

if the trendbreak really would appear, a new short like the following example could be openede with sl at todays high

Bình luận:

Bình luận:

Bình luận:

STRONG NIFTY!

Bình luận:

reached min tp H&S

Bình luận:

now have a look at the shortterm trend

Bình luận:

now there are two alternatives: anticyclical short when the trend will break - narrow sl short above the last top s3.amazonaws.com/tra...shots/t/thoOD5sM.png
or a cyclical long above the last top s3.amazonaws.com/tra...shots/a/AQvjybhZ.png

Bình luận:

examle short

Bình luận:

long

Bình luận:

wow

Bình luận:

tp reached

Bình luận:

Bình luận:

aha

Bình luận:

Bình luận:

Bình luận:

11.000 is still the level to watch