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Trade-Technique
Jul 18, 2019 6:14 PM

Reliance two channel, future expected move projection, Long

RELIANCE INDSNSE

Description

Wait for Tail to trade. There're two channels, one is yellow which closed and another channel till final wave remain. A (5) wave projection is plotted on the chart with considering control price and no trade activities area.
I have also used the timeCycle but did not add it here cause of complexity.


  • Support as Value High at 1254 nearby.
  • Last candle showing price rejection.

Trade closed: target reached

I hope enjoyed. Boom.
Comments
Wolfetrades
THIS PATTERN NOW BROKEN 4TH LEG

HAVE U HOLD THIS PATTERN OR
UPDATE AS PER BROKEN LEVEL WITH

AS PER NEW DATA OUR 23 BECOME NEW 12 AND 4 IS BROKEN SO FINDING NEW 3 LEVEL WHICH MAKE SUPPORT THERE FROM REBOUND MAYBE ONLY GOOD BUY ABOVE THE LEVEL OF (OLD 2 LEVEL) ELSE NOT GOOD TO TOUCH IN THIS PATTERN
Trade-Technique
@gauavwolfe, wait for enter
UnknownUnicorn4704807
@Kinnari_Prajapati, right time to buy?
venky193
Thanks for this Kinnari
Trade-Technique
@venky193, welcome
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