Falcon Wave D is a 5 wave pattern unfolding, and looks like we are in wave 3 completion, the current one up looks like an internal 4th wave of blue 3rd wave.
Now, we can expect last leg down to complete 3rd wave and then it should go up in 4th wave (blue) as shown above and in the chart.
More on this in next few days.
I have been travelling therefore there is some delay. However in most previous posts I have posted even during live market.
FalconWaves wave C is almost done. I have given you a trigger line, if price closes below this then short opportunity is good.
Once this wave C completes, we finish green A and then we look for green B down - which will again have blue...
Nifty is moving as per Falcon Waves that was shared in previous posts.
Some posts were updated in live market and not shared as idea. However I will try to update on daily basis.
Some key points, the ABC ratio at 61.8% worked well in predicting wave C end, and now the green weekly A wave is completed.
This means that we will go down to complete green B wave,...