Explained in the chart .
Connect the end of wave 1 and end of wave 3 and make a parallel channel from the end of wave 2 to find the end of wave 4 . If the wave is normal that is where wave 4 will end.
All described in the chart .
Analyzing the wave frm Rs 44 to present price of Rs 340 1. Since the lowest to highest price ratio is more than 3:1 log scale should be used to analyze any chart . But in case of yes bank log scale does not seem to work . Now think why ? 2. Taking the weekly chart. 3. The guideline of channelling will be explored deeper . 4. Remember that wave 1 and 2...
All described in the chart . I also have a triple ziz zag alternate count also but not very clear on it . Regards
All described in the chart . Chart plotted on the log scale.
Elliott Channel Join the end of wave 1 and 3 and draw a parallel from the end of wave 2 to find the end of wave 4 . This is the last from my side on normal waves. Regards.
Elliott Channel . Join the end of wave 1 and 3 and draw a parallel from the end of wave 2 to find the end of wave 4 . This is the last from my side on normal waves. Regards.
Take end of wave 1 and 3 and draw a parallel line from the end of wave 2 to find the end of wave 4 . If wave 3 is normal . What will happen if the upper line of the channel is breached ? Ponder over it . Regards
Take end of wave 1 and 3 and draw a parallel line from the end of wave 2 to find the end of wave 4 . If wave 3 is normal . Ponder over it . Regards
All explained in the chart
All described in the chart
All described in the chart .
Elliott Wave is all about making a correct channel. Count is very important becoz waves extend .