Nifty is on the corrective structure. Wave (x) of the double zigzag is near to complete Wave (Y) has the potential to give a short entry for the following targets :
Target 1:17426 Target 2:17328 Target 3:17260
Further information I will update you soon. Stay connected!
True fact:- Elliotians has less accuracy in their trades compared to price action traders. 1:5 is what i feel. I precisely observe them as study or educational purposes but price action ideas i practice confidently.
The_Trader14
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@npritish, It's not a true fact, it's your personal opinion. And everyone are free to have their's. Fact is their is no one in this world who can predict the market with 100% accuracy no matter what strategy you use, you have to loose sometimes. Hence wise people say loose some and earn more from winners. If anyone claims to be 100% accurate than he/she is lying to themselves not to the world. Myself being elliotician win 7 out of 10 trades. Elliot wave theory works fine as any other strategy depends on how you use it.
vj0204
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I liked ur analysis but Nifty is out with redbull, and none of the study is working 😂but keep sharing keep leaning…booked loss as i was working with the same theory.