These Zigzag corrective Complex formations are M-C-M-C-M or 5-3-5-3-5
Hero moto Correct 36% from 52 weeks high 1) it made Zigzag formation WXYXZ. 2) wave W is Motive wave internals is 12345. 3) Wave 1stX is a corrective and correct 0.382% of wave W internals are abc. 4) Wave Y is Motive wave Internals is 12345. 5) Wave 2ndX is again a corrective wave (0.618%) of wave Y internals are abc. 6) Wave Z is the Motive wave and extended or Targeted Price 1.618% price move this area it is ending point of Zigzag correction and starting point of new impulsive wave 7) Confirmation when price cross previous swing high and sustain 4 days then price blast. if anybody invest in hero moto for a long time buy in every dip 8) last point explanation for long time investors price correct motive wave or Impulsive wave 0.618% on a Higher degree which is complete 2295 price turn around 2310
Disclaimer
This is only for Educational purposes before investment please advise your financial adviser .
Hero moto Correct 36% from 52 weeks high 1) it made Zigzag formation WXYXZ. 2) wave W is Motive wave internals is 12345. 3) Wave 1stX is a corrective and correct 0.382% of wave W internals are abc. 4) Wave Y is Motive wave Internals is 12345. 5) Wave 2ndX is again a corrective wave (0.618%) of wave Y internals are abc. 6) Wave Z is the Motive wave and extended or Targeted Price 1.618% price move this area it is ending point of Zigzag correction and starting point of new impulsive wave 7) Confirmation when price cross previous swing high and sustain 4 days then price blast. if anybody invest in hero moto for a long time buy in every dip 8) last point explanation for long time investors price correct motive wave or Impulsive wave 0.618% on a Higher degree which is complete 2295 price turn around 2310
Disclaimer
This is only for Educational purposes before investment please advise your financial adviser .