stock is growing but truncation area is their !
In this chart you can see that price is respecting parallel channel.
if price wants to grow more , their is no concept of truncation.
wave 5 may have to travel 78.6%.
price may destroy resistance and we can also get pull back.
check related idea for more detail.
if their is reversal we can get signal by candlestick patterns.
if price wants to grow more , their is no concept of truncation.
wave 5 may have to travel 78.6%.
price may destroy resistance and we can also get pull back.
check related idea for more detail.
if their is reversal we can get signal by candlestick patterns.
Trade closed: target reached
Trade closed: target reached
78.6%Note
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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.
Related publications
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.