Search in ideas for "ELLIOT"
Elliott Wave Analysis is not postmortemWhen ever the so called wave 4 starts behaving like wave 2 and the so called wave 3 is no more than 2.618 of wave 1 then expect wave 5 extension . 1 in 100 will you find wave 5 in wave 3 . Rest is the chart given for serious waivers . Regards
Elliott Wave - Wave extension rule This rules applies only for those waves where 3rd wave is extended . I will talk abt 1st and 5th wave extension and LD's with angles with examples in future . Now when ever u see a 5 wave structure draw a line joining wave 2 and wave 4 . If the impulse has to end then the 2-4 line will be broken in lesser or same time than it took to form wave 5 . And it should reach the minimum retracement of previous wave 4 of one lesser degree in the same or lesser time than it took for wave 5 to form . Regards
Elliott waves - complete structure ?I dont think so .Becoz wave 5 is acting like wave 2 . Any ideas from waivers Regards
Elliott wave - Whats wrong in this countI expect wavers to see wave 2 and 4 of different degrees and tell whats wrong with this count . And if someone can publish an alternate count it would be great. Regards
elliot wave and fib extension nifty has started 4th wave and it likely to an end around 22 nd to 24 th june . 4 th wave usually retrace 0.38 percent of 3rd wave( if previous trend is very strong) or 0.50 percent and it helps us to predict correction date roughly and price . whatever comes around 15350/15400 good price to go long .nifty may give us new high after 27th june . do not sell at 15350/15400 for swing trade.
important level to go long 15350/15400 swing trading .
Elliot wave - previous wave ivI would love Deepak Nitrite to fall within previous wave iv of one lesser degree at 38.25 . Becoz the waves are still in making . Explained in the chart . Regards
