SENSEX rally finally coming to an end?

١٦ يونيو ٢٠٢٠

See the reaction at the lower line on the rising wedge. Once we break down we have two targets on the chart. A better entry could be the top of the wedge if you would like to sweeten the Risk-Reward ratio. I believe we will make a lower low. This rally doesn't make much sense and at these levels, I much rather be sitting in cash rather than hoping that the bubble will go on.

٢٢ يونيو ٢٠٢٠

ملاحظة

Sensex hit the top of the rising wedge. Now against major resistance. Very nice risk-reward as I said and it retraced exactly from the top of the wedge.

١ يوليو ٢٠٢٠

ملاحظة

Once again top of the wedge

٦ يوليو ٢٠٢٠

أغلقت الصفقة: تم الوصول لوقف الخسارة

Money printer go Brrrrrrrrrr