One cycle is over from new high 18887 to 17353 is denoted by me as W
Wave ((c)) Minute degree black in clour
Sub division of minute degree (i) (ii) (iii) (iv) (v) (Minuette degree blue in clour)
Second cycle ended 18136 as a wave X which is break previous trend line or regression channel it is link of previous trend.
Sub division of wave X as ((a)) ((b)) ((c))
Another Cycle in progress
Wave ((a)) Minute degree black in colour.
Sub division of wave ((a)) (i) (ii) (iii) (iv) (v) (Minuette Degree).
Sub Minuette Degree i ii iii iv v red in clour
Wave ((B)) may be in three swings or seven swings ended near 17600 key resistance level.
wave ((c)) anticipate down side due to tag wave W or trend is lower low sequence
Thanks
Disclaimer
It is my personal research before trade plan or investment please advice your financial adviser.
Wave ((c)) Minute degree black in clour
Sub division of minute degree (i) (ii) (iii) (iv) (v) (Minuette degree blue in clour)
Second cycle ended 18136 as a wave X which is break previous trend line or regression channel it is link of previous trend.
Sub division of wave X as ((a)) ((b)) ((c))
Another Cycle in progress
Wave ((a)) Minute degree black in colour.
Sub division of wave ((a)) (i) (ii) (iii) (iv) (v) (Minuette Degree).
Sub Minuette Degree i ii iii iv v red in clour
Wave ((B)) may be in three swings or seven swings ended near 17600 key resistance level.
wave ((c)) anticipate down side due to tag wave W or trend is lower low sequence
Thanks
Disclaimer
It is my personal research before trade plan or investment please advice your financial adviser.