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UnknownUnicorn12270065
Oct 26, 2020 5:49 AM

The leading Contracting Diagonal in Five wave, NIFTY. 

Nifty 50 IndexNSE

Description

I've used here 2hrs timeframe to zoom the chart for clear picture of sub waves.

  • The Primary Four Wave has formed 3-3-3-3-3 Expanded Triangle.


The Five already initiated with gaps and trying to develop a leading contacting triangle. After mature triangle we will see sharp move that can be upward.
Comments
ShreeKrishna
this is not the shape of contracting diagonal , you have mis-information , its not even a diagonal ,
UnknownUnicorn12270065
@ShreeKrishna, I am trying to learn. thanks for your information.
ShreeKrishna
i have just posted video on Nifty update , if you are learner then learn form it , its more of educational type , try to understand the difference between side ways pattern and diagonals both visually different in look
yogi_sharma_elliottician
good one:)
harsh_patel_15
Sir i guess for elliot we need wave 1 to retrace upto .618 na in abv condition its not
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