#Nifty 8th August 2022 || Falcon Trader Analysis for #Nifty50

Falcon Waves remains the same, we change that only when previous LH or HL gets taken.

Introducing new systems, with focus on Heikinashi Candles
It seems that buying momentum is decreasing and we will soon find our way for a pull back.
Next week is interesting already with DXY shooting up and crypto has also not shown major strength in past few days.

So what is next?

Targeting Nifty at 16700 levels, and this looks like a good opportunity to plan some pull back trades even though some upper retest is left and pending but market might not give that chance.