DEAR SIR, I REFFERED YOUR CHART AND KINDLY CONFIRM SUPPOSE IF IT IS A ENDING DIAGONAL OF C WAVE THEN YOU SHOULD MARK WAVE 3 AS A IMPULSE WAVE ONLY NO CORRECTIVE WAVES CAN BE PARTICIPATED IN THE ENDING
DIAGOANL (1,3,5) OF PROGRESSIVE WAVES
DavidSamraj
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@testapharma,thanks for your reply sir,i mentioned blue color is impulse wave..red color sub waves( internal counts) of impulse wave..ending diagonal consist of 3 sub wave counts i.e mentioned here as wxy..
AakashKale
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Same view, but for a short term I am bearish.. 10800 levels is what i am expecting as a bear. then I'll turn into a Bull.
DavidSamraj
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@aakashkale279, yes i am also expecting same 10830-10780 range to buy if it came here i will buy..i am also bearish in coming days..but my trade setup is buying at 10830-10780 range
AakashKale
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@DavidSamraj, Makes sense.. Following the system is what matters.
DIAGOANL (1,3,5) OF PROGRESSIVE WAVES