Hahahaha...You caught that one in mid-air...Just marked it for Symmetry....ofcourse you know that....Will look to see if an 'Inverse' happens...then have to go back to MT4 to see how it has panned out so far...detest that MT4 charting of Nifty....even at the peril of getting kicked..will check with Merlin again...
I think this time the trend line will give a breakout .we have already completed 5 major pivots in the downtrend.looking out for a healthy retracement to go long again.till then will have to flow with the smaller moves....
60 min chart
Price has reached the median line and steadily testing the resistance zone.Looks like it is buying time to test 5200 zone before a retracement ..Feb series does look to be complicated one as it will be in correction mode till the next leg of impulse wave....
I think this time the trend line will give a breakout .we have already completed 5 major pivots in the downtrend.looking out for a healthy retracement to go long again.till then will have to flow with the smaller moves....