Om Namah Shivay
Brothers, Nifty could be making a leading diagonal. Check the chart.
Little early to confirm the same.
And that will confirm the pattern and target. The target is based on the (2)/B obviously.
The future possible moves are on chart.
This is just education purpose only. There are no trading suggestion from this.
Om Namah Shivay
Brothers, Nifty could be making a leading diagonal. Check the chart.
Little early to confirm the same.
And that will confirm the pattern and target. The target is based on the (2)/B obviously.
The future possible moves are on chart.
This is just education purpose only. There are no trading suggestion from this.
Om Namah Shivay
Trade closed: target reached:
The pattern reached it's target.
Sorry that i taken time to corect this.
As per the Expert Elliott Wave Sir, The leading diagonal in a declining transposes to something else. it mostly does not stay as a Leading diagonal. Transposing to something else is definite.
With That in mind, the chart pattern looks too early to confirm stage. and we have a learning
A leading diagonal in a downtrend transposes to somethig else. Mostly it does not stay as leading diagonal. An Ending diagonal is a possibility in W5 in a declining.