Description
⋅ Federal bank IS @ 38 % support
Comment
⋅ wave iii is completed and we are searching for potential wave iv for us to enter
since we are in the heat of wave iii ;
as shown in the above chart
1) 23 % retracement is @ 110.19
2) 38 % retracement is @ 104.4
3)50 % retracement is @ around 100
Comment
⋅ Comment
⋅ above hourly charts shows the fibonacci projections from the corrective a & b
1) 162 % projection @110
2) 262 % projection @ 104
3)362 % projection @ 98.1
Comment
⋅ Comment
⋅ Comment
⋅ it appears wave C is not yet complete and can have one more downmove to complete the wave c
Buy @ 103 to 104 one lot
Comment
⋅ Comment
⋅
From high of 895 to 622 it completed wave A
Wave B ends at 731.
We are in now wave C ??
Correct me if I miss something.