Brothers, On 8-1-21, we did the analysis and target the short to 7.4. We see that the market moved in our favor only till 90 paisa and then went in opposite direction. We were supposed to be out from trade with our stop loss at 12.50. So were were in a failure.
After the trade failure with our EW analysis, we were supposed to re-analyze before taking the trade.
If we see the today's move, we may assume that one abc leg is complete, and some up movement is pending and so so.