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Flag Attack!!! TP 12.750?

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Hi nifty traders :-)
Nifty still seems to be bullish. There is a wonderful flag..the consolidation stopped exactly at the min. correction level (Fib 0,38). This seems to be a traders dream :-)
As long as nifty is trading above this niveau (11.550), the sentiment is bullish.
Breaking this niveau should initiate a sharp and fast downmove with first TP 0,618 Fibo at 11.260.
Good trades !
Comments are strongly appreciated

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Yihaaa

Ghi chú

flag is triggered and active - next target should be 12200, followed by a test of the ATH. Perhaps we see a short consolidation these days...important is from now on, not to trade (per close) below 12.000

Ghi chú

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Ok guys :-) This was really ice!! To breakfast we had the AllTime-High test...now it is time to close a part of the long

Ghi chú

imo, we soon will see a shortterm consolidation...tp could be the 0,38 fibo, near the former breakoutlevel

Ghi chú

here we could make a new 3?

Ghi chú

this candle is potential bearish

could initiate a trend change (temporarily top)

Ghi chú

nice breakaway-gabs these days ;-)

Ghi chú

no bearish candle anymore :-)

Ghi chú

yihaaaaaaaaaaaaaaaa

Ghi chú

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Ding Dong Nifty reached TP2 ..thx

Ghi chú

in the shortterm timeframe, we see, that the moimentum and the trenddynamik is weakening...but if you have a look at the RSI and MOmentum, we still could exspect a further buying wave from here...especially with prices > 13.000

Ghi chú

if we soom back to the daily, we can see, that the rsi and momentum are signalizing a shortterm break...

Ghi chú

we possibly see a ntrendchange candle today ?

Ghi chú

yes!! here we go--here is a trendchange candle

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countertrade - super CRR! lets see..when sl will be triggered --> switch into shortterm long position

Ghi chú

short killed, switched to long

Ghi chú

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reached tp again

The_Cannalyst

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