it should follow the green channel . traders should be willing to pay mtm . time is along with the slope of the elliott channel line. remember we r in in wave 5 territory of a lesser degree,
regards
HAS NIFTY JUST FILLED GAP AS SHOWN WITH RECTANGLE AND RESUME DOWN TREND? ALSO PINK LINE IS LONG TERM RESISTANCE LINE ON WEEKLY CHART BE CAREFUL LET LINE BE BREACHED ON CLOSING BASIS THEN WE CAN SEE SOME UPTREND
