sudhannayak

Aluminum short view from EW analysis

Long
MCX:MCXALUMDEX   MCXALUMDEX
Om Namah Shivay

Aluminum on higher timeframe is going through corrective patterns, from larger degree view. (We have less data on tradingview platform) On this chart we are seeing an Impulse as per existing market structure. The leg 4 looks done and the short correction from 3 to 4 looks done. If counting is proper, the view is towards upside to 11021. The counting will be invalid if movement going below 10515.

This is for educational purpose only. No trading view is provided.

Om Namah Shivay
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.