TradingView
AJAYSHARMA
Apr 21, 2019 9:26 AM

Elliot Waves - post triangle thrust  Education

HDFC BANKNSE

Description

Described in the chart . Regards
Comments
I-Fund-Trader
That is not Triangle , that is Contracting flat
AJAYSHARMA
@I-Fund-Trader, heard of Regular Flat , Expanding Flat and a running flat .
I-Fund-Trader
@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
AJAYSHARMA
@I-Fund-Trader, Do u know where is the best part of a wave where u can usually expect a running flat ?
I-Fund-Trader
@AJAYSHARMA, I know
More