I am looking this could be its last move up based on the theory of R N Elliott , and as theory suggests the structure of the price behaviors is always
mouthpiece of investor sentiments
there is meaning in every structure which forms in the market due to mass participants
This one is clearly informing its forming an expanding edge which certainly indicate market will likely to end its move on maximum hope & disappointments before the crack
Look for buy set up on any pull back , enter ans stay with trailing stop until you see the weakness in price action
its high likely will make the target
mouthpiece of investor sentiments
there is meaning in every structure which forms in the market due to mass participants
This one is clearly informing its forming an expanding edge which certainly indicate market will likely to end its move on maximum hope & disappointments before the crack
Look for buy set up on any pull back , enter ans stay with trailing stop until you see the weakness in price action
its high likely will make the target
Trade active
Comment:
well it made a high of 482 , we are trailing the stop
Trade closed: target reached:
Well we booked at 485 our long position , and its interesting to see the forecast finally completed
to fact the high was 497.50 which almost meet my forecast to pin point
to fact the high was 497.50 which almost meet my forecast to pin point