elliotwavecount

Weak

TATA MOTORS is bullish as of now. . . (iii or c)

Assuming Bank Nifty is in the Expanded Flat 3-3-5, Where c = 1.618 Of Wave a Which is always end beyond the start of wave a, I said always because corrections are rarely fail or truncate...

According To The Elliott Wave Principle, All these 3 legs are part of an Expanded Flat ABC, where C is in the progress. . .

FX:EURUSD EU is in downtrend and now it's in a sideways correction. I'm looking for 1 more impulse to the downside! and that's too on a bigger time frame and i think this will be a good entry for the downside impulse Stop loss would be 1.1755

In my previous post on Nifty I observed that we are in a possible wave iii of the larger 5th. See below... We have been correcting from the 'double up' level mentioned in that post and a casual look at the chart has been yelling the beginning of wave iv. But a deeper EW count has been telling...