Side ways Move ( as A pause )

Let Me tell you flocks , there is two distinctive moves in the market ,

01 ) Function of Price - All we know as Impulse waves

02) Function of Time - All we know as Corrective waves ( structure )

they always co-ordinate with in them with specific character and being analyst one must understand them in timely manner to adjust or adopt the method of

Positioning and re-positioning of stocks / Futures , Options trading

Auto Index is clearly made an 5 wave impulse move and then entered in side way corrective pattern , Currently i am looking this is developing in to simple

ABC corrective structure , one can expect side ways market to continue until the time factor is accounted

Once this correction completes you can expect another impulse leg move up ,

So keep trading in scrips which show the same visual patterns and keep making money

Good luck

Reach me for Education Course at
New Algorithmic based Indicator available for $2000/- Only
Suitable for Options Sellers & Futures Traders

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.