This analysis covers the Elliott wave count from Mar'20. I'm not expert in Elliott wave, just learning from my mistakes.
The waves 1,2 and 3 from Mar'20 low are completed and wave 4 is being in progress for sometimes.
In wave 4, double zigzags correction are already completed and third zigzag is in progress.
Disclaimer: Making any trade decision based on this analysis is on your own risk.
The waves 1,2 and 3 from Mar'20 low are completed and wave 4 is being in progress for sometimes.
In wave 4, double zigzags correction are already completed and third zigzag is in progress.
Disclaimer: Making any trade decision based on this analysis is on your own risk.
Comment:
Wave 4.C is about to complete.
Comment:
Wave 4.C should complete above yesterday high. It will just finish above yesterday high and can't go far away from there.
Comment:
In wave 4.C, wave y was completed on 30th May and then formed a triangle till today low as wave x. Now final wave z is in progress and should complete above 30th high as a zigzag correction. And then bear trend will be continuing.
