There can be two alternatives-flat or zigzag. BOTH POSSIBLE!! Both the alternatives are shown in the chart. For the time being -ENJOY THE HIGH TIDE. If found hesitating near the RED LINE UPSIDE (laxman Rekha for BANK NIFTY BULLS !!) GO SHORT For 5th wave downside. PROFITING FROM ALL POSSIBLE MOVES IS THE JOB OF A TRADER. DISCLAIMER:-Views r personal-not a trading recommendation. use your own method/resources at your own risk.
Comment:
failing the expectation. More likely to be original option i,e zig-zag. In that case wave B is very short. What we can do?!
