I still say the long-term looks quite good.
Weekly pattern - Semi-Catapault.
Daily pattern - Double Top & BrRL break-out.
High probability that longs will be sustained. Buy at every opportunity of pullback till 6090 & exit longs at 6060 level. As of now multiple channel (BlSL) support lies till 5880 level.
As you see from the charts, there have been few key changes:
- Scale changed to logarithmic
- Weekly - 2% (Box Size) & 3 (reversal)
- Daily - 0.5% (Box Size) & 2 (reversal)
- Simple signal (Double Bottom / Top break-out) wherever applicable