Possible triangle formation for further down leg

Aktualisiert
Current price action in Nifty suggests triangle consolidation for more downside!!!
Anmerkung
Moment of truth, price reached level for last leg of triangle -> Snapshot
Anmerkung
Looks like market is talking to us now -> Snapshot
Anmerkung
Looks like we finished 1st wave down and any 3 wave correction could be a sell for further down move. -> Snapshot
Anmerkung
market is following the idea and coming down in expected wave count...
Snapshot
Anmerkung
updated wave count for down leg -> Snapshot
Trade geschlossen: Ziel wurde erreicht
5 down waves down completed. Trade idea valid , new lows formed!!!
Snapshot
nifty50Wave Analysis

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