ELLIOTT WAVE ANALYSIS: All observations are clearly indicated in the chart.
Elliott wave is an road map to identify the direction of market.
Wave "1" :Motive wave completed
Wave "2" :Simple zigzag completed
Wave "3" :Extended Motive Wave Golden wave also completed.
Wave "4" :Alternation rule so chances are there for formation of Triangle pattern (time consuming pattern).
Wave "5" : Not yet started
Elliott wave is an road map to identify the direction of market.
Wave "1" :Motive wave completed
Wave "2" :Simple zigzag completed
Wave "3" :Extended Motive Wave Golden wave also completed.
Wave "4" :Alternation rule so chances are there for formation of Triangle pattern (time consuming pattern).
Wave "5" : Not yet started
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Disclaimer
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.