You can also learn and get confident from my backtest chart with proof. Refer the chart for the same.
The above chart illustrate what is Regular flat correction. 3*3*5 structure.
Guidelines
• A corrective 3 waves move labelled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three • Wave B terminates near the start of wave A • Wave C generally terminates slightly beyond the end of wave A • Wave C needs to have momentum divergence
Fibonacci Ratio Relationship
• Wave B = 90% of wave A • Wave C = 61.8%, 100%, or 123.6% of wave AB
If you would have labelled on chart ,it will be meaningful to analyse ..................
JGopinath
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@PADMAJAMAHESH, Sorry, I can't put much in chart itself. You have to do remaining work to start learning these. Go back to chart and find the date and start appplying those indicators.
I can show way to you. But you have to walk on that way :)