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%.