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TeamTaurus
Jan 14, 2023 6:43 AM

Structural Confluence of Elliot and Harmonics Education

Nifty Bank IndexNSE

Description

Confluence doesnt mean some indicators and price action .. confluence conditions can be seen everywhere from structure to entry

The above structure shows you confluence with 2 major concepts in trading world HARMONICS and ELLIOT, shows you the possible areas where you could see confluence of both

The 3rd wave could some times be BAT pattern or DEEP CRAB pattern in impulse, when it comes to elliot correction you will prob'ly see ABCD pattern in formation.

This will give you an idea of how to identify the confluence when you are looking for swing trading

Always keep in mind that there will be internal small patterns within the big pattern do not get confused while doing multi TF analysis thinking which pattern to follow, always follow the higher TF pattern.


Comments
AneriSalot
What is TF?
TeamTaurus
@AneriSalot, Time frame
rimaidahsraf96132
Hi good time please introduce an order in the block or the above functional indicator for the tridence thank you
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