Nifty 50 IndexAktualisiert

Is it time for a break?

s3.amazonaws.com/tradingview/snapshots/e/EYwoQDk9.png
This is the Follow up from my former analysis:
Nifty 50 reached Resistance!


Strong- stronger-nifty!
We reached my TP, analyzed 05 July: Snapshot
s3.amazonaws.com/tradingview/snapshots/i/IMEqfFEg.png

The green counting reached its upper resistance, the upper edge of the bullish-trendchannel. RSI is still overbought, so i exspect a healthy consoliation wave the next days, perhaps could the former BreakOut -level at ~ 11.200, a possible TP from this exspected consolidation.
In the shortterm, nifty should not fall below 11.490: s3.amazonaws.com/tradingview/snapshots/u/UffhHdCO.png
The shortterm rest-potential is 11.740 s3.amazonaws.com/tradingview/snapshots/o/oBasazuJ.png
At present i see more risk/potential on the downside in the shortterm view, but the rest-potential of the running up-wave could be still 11.700, respective 12.000!
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YES! Short below last low Snapshot
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great Snapshot
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yess!!! Snapshot
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yihaaaaaaaaaa Snapshot
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reached both TPs from the shown H&S! Cheers! Snapshot
Trade geschlossen: Ziel wurde erreicht
Trade geschlossen: Ziel wurde erreicht
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remember my ultra long term view
Nifty 50 reached Resistance!
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sorry, i meant this one: Snapshot
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Snapshot conter chance? RSI says YES
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Has time come for a counter move?m Snapshot
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remember my weeklys view de.tradingview.com/chart/DfPoW8JN/
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Haftungsausschluss