TF: 75 Minutes
CMP: 978
Wolfe Wave set up appears at the top.
Price is now trading below the trendline connecting the tops (after a brief pop out above the trendline) and the set up is active.
Ideal target is placed at around 900-920, which, also happens to be the rising trendline from April low connecting July low.
The 900 and 920 Zone is also happens to be the CLOUD Support and previous swing lows
Price is comfortably trading in the bullish territory on Daily TF, so trading against the major trend is always risky. MY SL is close above the trendline at the top.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
CMP: 978
Wolfe Wave set up appears at the top.
Price is now trading below the trendline connecting the tops (after a brief pop out above the trendline) and the set up is active.
Ideal target is placed at around 900-920, which, also happens to be the rising trendline from April low connecting July low.
The 900 and 920 Zone is also happens to be the CLOUD Support and previous swing lows
Price is comfortably trading in the bullish territory on Daily TF, so trading against the major trend is always risky. MY SL is close above the trendline at the top.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
交易結束：達到停損點
Price closed above the trendline.. hence, trade cancelled/SL Hit.. will look at it again if the price trades inside the trendline
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。