Today NF bounce back from 5411. On last Friday written 5402-5420 is a small support area.
And was expecting bounce back up to 5485-5504..But retraced up up to 5539.
Now what to expect on 22-02-2001,, A inverted H&S build up...but not expecting any effect on NF movement. Either it will follow EW count or follow inverted h&s.
NF got resisted at upper resistance Chanel and came back few down steps.
NF should trade below 5470 as soon as possible for next down move.
As of now my down side target intact, which was given in my previous post...see them.
If new thing generates, then will post in intraday tomorrow.
Let tomorrow first trade below 5470,, then should trade below 5411,, then have to see should trade below 5352..These are the mild supports area.
Will post when trade below 5352....
I think this fall should continue more two days.. lets see...
All levels and charts are for educational purpose only....
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