elliot wave analysis banknifty hourly
beginner in elliot wave,
and thinks 3rd wave is going to complete and if the analysis is right then we can see a large drop in banknifty as it is extended 5rd wave
and thinks 3rd wave is going to complete and if the analysis is right then we can see a large drop in banknifty as it is extended 5rd wave
Note
made a little mistake in 5th wave of 3rd wave.primary 3rd wave is now complete and we can confirm it by seeing wave 2&4 trendline of 5th wave of 3rd primary wave.
now anticipate a zig zag correction or double ziz zag correction for 4th primary wave
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