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supreme_bull

AXIS Bank Elliott wave analysis : wave E is getting cooked !

AXIS BANK (NSE:AXISBANK)  
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NSE:AXISBANK   AXIS BANK
Trend Analysis Chart Patterns Wave Analysis chartpattterntrading forexsignals forextradingzones AXISBANK
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trendanalysis chartpattern waveanalysis chartpattterntrading forexsignals forextradingzones axisbank
Howdy Traders ,
This is 30 minute time frame chart of AXIS BANK.
You can see that waves 1 to 5 are completed.
The retracement of wave 1 is 61.8% and retracement of the wave 4 is 38.2%.
The 3rd wave is extended and in that we can see other degrees of Elliott Wave cycle.
The 4th wave can make an expanding triangle. Let's Wait for wave E
5th wave can travel up to 61.8%.
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