we saw breakdown and result ...
Now comes question "Whats next?"
To answer this we will use as well as learn it..
some of you may have seen colourfully drawn named as BAT, , but wondering as to what they are --- here is an easy set of illustrations
XA = 804
AB = 10490-10094= 396(49.4% OF XA)
since AB has retraced almost 50% of XA we are labeling it as .
BC can retrace 38.2 to 88.6% of AB.
here it has retraced 81%.
now comes final conclusion-
there are 2 other possibilities
this possibility has target of ...
1ST SUPPORT 10073, BELOW THAT WE CAN EXPECT 9900..
*this post is purely for education purpose..