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Neo Wave

NIfty:Neo wave countsSince 10th feb nifty has started it's fall,but the nature of the fall is not impulsive rather it is falling in corrective manner there by taking a form of 7 legged diametric pattern.So far we are done with 4 leg's and currently it seems like 5 th leg is also completed confirmation of which can a hourly closing above 15900,which would trigger a short term reversal till 16300 level,once we see a rise till 16300-350 level we can again see price falling to today's low to confirm bottom. As this is 7 legged pattern and so far we have already seen 5 leg's one should look to buy from here rather then selling short.Personally i think Nifty can form bottom around 15550-15740 levels in coming days post which we can see decent bounce which could be traded on the long side. Sector's like Metal,Energy and IT is out-performing in current market,hence look to enter in this sectors systematically there by managing sector exposure and investment amount. View negated if we fail to close above 15900 and break current low of 17740. Disclaimer:This are jsut my views on index,no position should be build or exited on its basis.
NSE:NIFTYLong
by UNDERDOG-29
10
BTC/USD NEOWAVE FORECAST| BITCOINCOINBASE:BTCUSD Hi Everyone This is an BTC/usd FORECAST, in our last forecast we predicted a 5th wave and than after that an correction will start. We said that correction will come in form of ABC and we currently in last wave. Let see where it finishes. After it and B wave will come. If you want to play correction i will say play one A,C and E wave for good results Also check out my previous forecast and please share my charts with others, As this will be helpfull for them if they do trading. Thank You. Wave Forecast
COINBASE:BTCUSD
by IIntelligentinvestor