Hello Friends , One of the basic rule in Wave Principle is alternative moves during secondary corrections
That means when any trend starts in one direction it will make identifiable patterns and they have very repetitive
visual information in them ,
One of the Rules & Guidelines set in Wave Principle is law of alteration , it applies to Corrective / secondary reactions along with impulse moves
Most know about formation of wave 2 and wave 4 , but very less people or Genuine wave analyst can able to give you insights on patterns occurring
during an trend progression , that means during progression of trend we can see usually law of alteration on both smaller & higher time frame ,
if you see one of the flat pattern regular or irregular in one of three phase correction then its very high likely next pattern will be opposite to the pattern
already formed ,
what i mean is if you see irregular flat pattern in any trend irrespective of time frame and direction the next pattern will be regular flat pattern
this passion of pattern formation repeats it self in alternative method not on even methods
This scrip is likely to make one small move up before heading for final correction in the current trend
Good luck
That means when any trend starts in one direction it will make identifiable patterns and they have very repetitive
visual information in them ,
One of the Rules & Guidelines set in Wave Principle is law of alteration , it applies to Corrective / secondary reactions along with impulse moves
Most know about formation of wave 2 and wave 4 , but very less people or Genuine wave analyst can able to give you insights on patterns occurring
during an trend progression , that means during progression of trend we can see usually law of alteration on both smaller & higher time frame ,
if you see one of the flat pattern regular or irregular in one of three phase correction then its very high likely next pattern will be opposite to the pattern
already formed ,
what i mean is if you see irregular flat pattern in any trend irrespective of time frame and direction the next pattern will be regular flat pattern
this passion of pattern formation repeats it self in alternative method not on even methods
This scrip is likely to make one small move up before heading for final correction in the current trend
Good luck
Comment:
tomorrow or with this month Expire date you can look for price tag and reverse
the speed of downward move indicate it has lost its momentum
need a strong response on daily to consider buy set up
the speed of downward move indicate it has lost its momentum
need a strong response on daily to consider buy set up
its last push
wait for daily reversal candle to take long set up