Someone new to Wave-Counting might be a little confused. OR a lot confused.
Here's what I'm trying to explain: I have these 3 Correct Wave-Patterns (ABC) that are bullish.
You'll notice in the chart below that another higher price ABC.
An easily can recognize that impulsive sub-waves (1,2,3,4 and 5) of the higher degree of waves A and B.
At this time, Nifty is trying to complete ABC's corrective pattern of wave 4(of the higher degree of wave C). The price looking for a new high.
You can understand this by looking lower TimeFrame of the ABC pattern.
Another reason for the upcoming new high in nifty is that, the measurement of wave A=C.
The validation for this pattern requires more analysis.
Here's what I'm trying to explain: I have these 3 Correct Wave-Patterns (ABC) that are bullish.
You'll notice in the chart below that another higher price ABC.
An easily can recognize that impulsive sub-waves (1,2,3,4 and 5) of the higher degree of waves A and B.
At this time, Nifty is trying to complete ABC's corrective pattern of wave 4(of the higher degree of wave C). The price looking for a new high.
You can understand this by looking lower TimeFrame of the ABC pattern.
Another reason for the upcoming new high in nifty is that, the measurement of wave A=C.
The validation for this pattern requires more analysis.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.