Forecasting Possibilities ( Exploring Un-sean )

The most important for Analyst is to identify the next possibilities

what are the best complex or non-complex pattern can arise when scrip reach to certain price level

Analyst have to understand the past , and have to look in the present and have to forecast the feature

Forecasting is an Acquired knowledge after deep practice in the analytical process ( Not tweeter post copying )

As Analyst one has to have an ability to identify the current status , and then incomplete patterns and once

the incomplete patterns completed , expect the next movement in an alignment of previous trend

Here in this i am looking as 3 wave simple wave 4 formation from its recent move up ( an initial clean simple understanding )

it has two distinctive possibilities ( Function of Time )

Function of time is usually an side way move where the price is regulated and time is consumed

01 ) it can complete current pattern and then move up

02) it can extend the side way correction in to multiple three wave pattern

which one will happen i have no idea , but these are the two possibilities which are nearest to current 5 wave move

an second view from the prospective of long term charting or price movement it is still due for up side move which i am forecasting it as

its in 3 wave impulse wave which has to complete further price movement ( Function of price )

one can look for position based on reversal or buy set up and look to trade in all the up-coming aspects

Trade closed: target reached