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Trade-Technique
Feb 27, 2021 5:40 PM

The 1995-1997 EW labeling (cycle completed) 

Nifty 50 IndexNSE

Description

Just labeling... I am working on past data.
Comments
Golden_Ratio_x_618
Extended 3rd then 4th won't retrace down that much.
supreme_bull
@Golden_Ratio_x_618, 2nd wave is sharp so 4th wave is complex ! everything is expectable if rule are not violated :)
Golden_Ratio_x_618
@underrated_bull complex waves don't retrace more than 38.2%. Wave 2 and wave 4 both sharp zig zag correction which looks bit incorrect
supreme_bull
@Golden_Ratio_x_618 , I don't find anything wrong , rules are not broken. let's wait for overall result. also check the ratio of reverse Fibonacci which is multiplied with waves. it s perfect as per my view
dhinesh_kumar
In the corrective part, wave b of B broke end of wave A but wave C did end before wave b of B. Is that possible ?

As wave b of B is irregular, wave C should close it... isn't it ?

Or am I missing something here ?
gauravntt
So big crash coming in 2 months?
Your views?
P/E values at all time high
Global gdp way below current market value
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