PEL from ATH EW ABC/WXY both pointing the BEARS in action
PEL from ATH is having a choppy correction, movement in PEL is choppy on both the sides with Rejection near 2766 PEL doesn’t look healthy for the bulls.
A possible Elliot wave correction is ABC or a complex WXY both pointing to downside
Entry: at CMP 2621 or at 2700
SL: 2770
Target: 2482/2445
Disclaimer: I’m no means a financial advisor, i m just a Meyer trader. So consult your financial advisor before taking trading decisions.
A possible Elliot wave correction is ABC or a complex WXY both pointing to downside
Entry: at CMP 2621 or at 2700
SL: 2770
Target: 2482/2445
Disclaimer: I’m no means a financial advisor, i m just a Meyer trader. So consult your financial advisor before taking trading decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.