Description
⋅ It seems that we have not finished blue Wave C
Also Thursday is expiry day and sellers will not allow buyers to enjoy profits.
I think we are on verge of going down but needs final push up which has happened today, and therefore I planned to post this post after market opened.
So Falcon Waves - wave C finishes today, RSI and CCI are already over bought on 1H
16200 seems to be final resistance
Happy trading!
- Short today as market closes for target for wave A down
- 16200 seems to be good resistance zone
Comment
⋅ Comment
⋅ Can go to 16200 - 16400 levels
followed by selling pressure
Why?
Because Wave C can be 100-123% of A+B