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SAURABHM906
Aug 19, 2022 2:53 AM

IEX Correction Wave Analyis 

INDIAN ENERGY EXCHNSE

Description

It seems like WXYXZ correction has been completed and new impulse wave has started. Total retracement is close to 61.8%

For new impulse, Completed WAVE 1 and now it is in ABC (expanded flat) correction. C is 5 wave decline in hourly chart. When C is over, fresh wave 3 will be started
Comments
Knowledge2022
Are we expecting to go up or down. Not clear with too many technical jargons.
chet77
English please
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