Balas282

Balas282 Updated 

Go Long until next week bar going below current week bar low(i.e 459 as of 12/3).

Balas282 Updated 

Explained over the chart. Use Spread/strangle if you are expert on this(if Stoploss 824 bothering you to trade)

Balas282

Explained over the chart

Balas282

Explained over the chart

Balas282

No Much details required to explain

Balas282

Looks good for next bull phase.

Balas282

Count will be wrong and negated if post move not confirming the pattern.

Balas282

After 35 to 40 days, Soon weaker wave C will start towards 10500 level. This is ALT bull(Minor rally) count as timelimit line not probably going to get hit in time.

Balas282 Updated 

If Line gets hit in impulse pattern( 5-3-5-3-5) would favor wave C. if Line get hits in a-b-c pattern would create many ALT possible Bull counts. Note: I am new to analysis. Please do not use this idea for Trading purpose. Learn from it if it works. After all, Market is extremely inefficient one which make Trades alive.

Balas282

Wait for stronger retracement in Hourly chart to be on short side. Explained over the chart

Balas282 Updated 

Watch out move for next 7 days.

Balas282 Updated 

As Wave B of 4 took less than time wave A took. I feel this count might be possible.

Balas282 Updated 

Wave E might get resisted over the trendline .

Balas282 Updated 

If line B is not getting hit in 3 business days, then may be its not correct to be on long side. if unnamed line getting hit in mentioned time, then may be its not correct to be on short side. If line A is getting hit in mentioned time, then takes some time in retracing and check if it pass thru above the line A to be on long side. Note the word: 'May be'...

Balas282 Updated 

If wave iv able to retraces to 70.20, keep patience. Further after 70.20, If it moves below 69.25 then flat could be forming. if goes past above 70.35, Triangle could be forming. Strict SL required in either way Trading.

Balas282 Updated 

Primary wave 4 could be in sideways correction where Wave B is in progress in triangle or Flat . Looks like move below 9500 hardly possible. Each wave expected to take 60 to 85 days cycle time.

Balas282 Updated 

Explained over the chart.