Pattern CLOSED? As per my Theory, 5th wave always give you fired move as seen past. You can also check perfection on BANKNIFTY too.
Tomorrow morning, I will update you what is going next? If this is an excess of channel, then target is 11650 nearby and Resistance 11666.
--> Let me remind you. On the date, Jul 12 2019 Channel first drawed by me. Exactly NIFTY was moved to (4) and U-Turn has taken directly to control price.
Jul 15 2019, I pointed out (5) wave on this chart.
Finally, (5) wave was printied by me on the date of Jul 17 2019 and Taken Resistance.
Do you think that IS THE CORRECT visualtion?
Comment
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Accurately happened what I predicted. Channel Was closed out.