Plan our trading with EW analysis
Om Namah Shivay,
Brothers,
Say, after 22-12-20, we are into trade with long position with the thinking that w4 is over,
But EW analysis trading is not done with the thinking that Wave 4 is over, Already trader
has idea, the wave 4 structure by seeing the wave 2 structure. So they are mentally ready
for a flat structure. The markings and the EW overlaying changes as the trading days
passes. It is not possible to take a single drawings and do trade on it. It needs a continuous
change and a reconfirmation at each stage for the trade.
Om Namah Shivay
Brothers,
Say, after 22-12-20, we are into trade with long position with the thinking that w4 is over,
But EW analysis trading is not done with the thinking that Wave 4 is over, Already trader
has idea, the wave 4 structure by seeing the wave 2 structure. So they are mentally ready
for a flat structure. The markings and the EW overlaying changes as the trading days
passes. It is not possible to take a single drawings and do trade on it. It needs a continuous
change and a reconfirmation at each stage for the trade.
Om Namah Shivay
Related publications
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.