One of the most common pattern in wave 4 is complex corrective pattern one can visually identify that it has completed primary wave 3 wave pattern as
labeled ( W) , then it went a 3 wave passion non impulsive structure which is labeled as ( X) and it made a very narrow side way following a sell off for (Y) wave
now C of wave (Y) is still due to complete its last move
One can wait for brake of the current structure before taking a short position
Good luck
Trade active
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Comment
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so far 538 to 405 we are booking 2 lots in short sell and rest on trailing stop
Trade closed: target reached
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And The winner is ShreeKrishna , YYYYYYYYYYYYYYYYYYYYeeeeeeeeeeeeeeeeee haaaaaaaaaaaaaaaaaaa
We are booked form 538 to 350 rest all 3 lots in futures