NSE:HDFCBANK (FOR LEARNING PURPOSE ONLY) Price crossed previous HL to form a correction wave Price Might reach 1015 (next support)
nifty should be corrective in next days.really is over be cautious
Future Retracements trend for reliance.
The Weekly chart of EUR/USD has formed a Full Elliot waves Pattern The Pair after completed (12345) Elliot waves now it is the formation of making corrective waves (ABC) Short after the correction wave B for the another bearish impulse move on the cards.
As per the price action, it seems like 5 impulse waves are completed within the up-trend channel and now it will move further in corrective phase where 3 waves will continue rallying downward against the trend. The three corrective waves would name A B C. I have marked only Wave A in the above chart.