Indian energy exchange is now about to complete it's correction ,it is doing a double correction in major wave IV, fifth to the upside is still due. We can expect correction to complete near 124.85-125.85 and then final V wave target will be 407. And I'm expecting fifth to be extended because normal projection limit of wave V are 0.382 & 0.618 but as you can see...
We can count waves using traditional patterns like Head and shoulders, Double Top and Bottom, Triangle, cup & handle, etc. This article is about how you can count waves by identifying chart patterns. I have covered Three chart patterns in this article, 1) Triangles 2) Head and shoulders 3) Double Top and Bottom 1) Head and shoulders : In addition, the two lows...
Bulls Yelling The Excitement- The Gap Strategy!!! When they come together, they are trying to tell you something. --------------------------------------------------------------------- 17950 – Critical Level: The Important Clue --------------------------------------------------------------------- From the last 2 ideas published at TradingView - Crossing above...
I have given 2 examples of correct and incorrect wave count. You may lose opportunities due to incorrect wave count.