#Nifty || 20th July 2022 || Falcon Trader Analysis for #Nifty50

Sharing weekly chart only for now,

Here if you see, I have marked two circles, the first green A wave was for wave 2 orange of monthly wave count, and this time second green A formation is for the wave 4 monthly count. Pretty simple, yet market can always surprise.

The first one was formed around 10th Jan 2022 and this time it is around 19th July 2022.

I will give a day or two for this to work or we will analyse for our mistakes if any.

I still take trades based on simple trend and Falcon CCI (Free indicator on trading view) and Falcon trigger line so that we work on candle by candle.

Please keep a simple rule, never go against Heikinashi Candles (if HA candle is green trend is up, if it is red we go down) simple.

Clear chart

Looking for 1H time frame chart, check the links below.

So what are we saying?
I want this green A to finish somewhere - and then we will check again. I will share more charts soon.

Please check previous charts and see the transition that we had from 1st July onwards - all this is Falcon Waves - has always helped us in trading.

Comment:

Daily Chart
Blue ABC to form green A

Comment:

Example:
10th Jan 2022
Nifty Daily Chart showing Weekly Wave A formation