Described in the chart . Regards
Described in the chart . Regards
Described in the chart .
Explained in the chart
Nifty seems to be making a triangle in wave 4 since it is not giving a clear cut impulsive decline. The triangle still has to make waves d and e so it is not complete . If we dont see an impulsive decline that first breaks the red trendline and then the end of wave A then a triangle is confirmed . If broken then we may see an impulsive decline . Regards.
. In here we are dealing with larger degree wave 5 in detail.
Explained in the chart regards . But its a good buy for a trader .
C is an impulse . This normally happens when wave B is a triangle . Regards
See the sharp move after completing of of the ED . Regards
Explained in the chart . Regards
Described in the chart
Let the price action prove it . Regards
Described in the chart . Regards
Explained in the chart . Regards
Described in the chart .
Explained in the chart . Just buy the dip . Regards
Expecting a small pullback in form of wave iv of lesser degree before the extended wave 3 resumes again . Wave count Elliott channel Fibonacci all have to be in sync if the wave count is to be a high probability correct count .
Elliot wave is essentially a trend channel technique provided the counts are correct. Regards