akrock861

extracting triangle formation

Long
NSE:ROUTE   ROUTE MOBILE LTD
intially i went for motiive wave 1-2-3-4-5 pattern but wave A is 1.272 times of wave A made me think of corrective wave formation. it may be extracting triangle formation. i have not labeled 100% right but it should be something similar, as we are here to trade not to analyse.. i will trade with targetting wave E. and stop below trendline support.

Comments