btc is making a correction pattern after the long downside rally. thus it will complete its a-b-c formation. Also testing the resistance. for further downside of 8200.
Nifty monthly analysis , where we can see the 12447 is 423.60 times the wave 1-2. Here we are going in wave 4 correction. the wave 4 correction should be dbl wave correction.
8900 LEVEL BROKE . WE MAY SEE NEXT SUPPORT AT 8200 .
MAKING THIRD WAVE OF ELLIOT WAVE PATTERN.