Saturday, December 7, 2019

Nifty (Asia India) - Weekly Study - Week 2 of Decemberr 2019 - Reached All Time High..more Highs?



Follow up of eaarlier Blog Post..see post below...

http://tradertradertrader.blogspot.com/2019/10/nifty-asia-india-weekly-study-week-4-of.html



Suggested Possiblities..

Possible (Bullish) Cypher Pattern seen on the Nifty Weekly Chart as above.

However this pattern can form if Nifty reaches Point C.

Point C is exactly at the All Time High.

Probability currently at 33%.



Current Scenario..


Point C is reached !!!



Future Possibilities...


Point D can be reached and pattern completed.

Probability currently at 49% (up from 33%).

Higher Highs are made.

Probability currently at 51%.