AJAYSHARMA
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Elliot Waves - post triangle thrust

NSE:HDFCBANK   HDFC BANK
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2
Described in the chart . Regards

Comments

That is not Triangle , that is Contracting flat
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AJAYSHARMA I-Fund-Trader
@I-Fund-Trader, heard of Regular Flat , Expanding Flat and a running flat .
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I-Fund-Trader AJAYSHARMA
@AJAYSHARMA, Running flat is also represent the same meaning , Contracting flat also represents the same meaning of running flat , the structure itself is self explainable that the down ward move on 3rd leg with in Corrective structure is not deep and the trend continue with out identifiable pattern , but confirms only after the brake of the entire structure and move forward
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AJAYSHARMA I-Fund-Trader
@I-Fund-Trader, Do u know where is the best part of a wave where u can usually expect a running flat ?
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I-Fund-Trader AJAYSHARMA
@AJAYSHARMA, I know
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