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.
you mean to say the bull run would continue till sep?
sudhannayak
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@Parasuram, Hello Parasuram, It is a old analysis ( saved analysis page ), it is not updated. Justed used it to think when the analysis was done. Sorry for the confusion.