Nifty 50 Daily Wave Count - Trend - Pattern

6월 13일

Hi, friends
Today we saw negative gap down opening and market recover very positively after a one deep.
But at the end of the day Nifty index gave negative close.

After impulsive move , we can see running flat type of corrective pattern that follows the 3-3-5 wave structure. It's similar to an expanded flat, where Wave B extends beyond the start of Wave A, but unlike the expanded flat, Wave C fails to reach the end of Wave A. This means the price retraces beyond the 100% level of Wave A in Wave B, but the subsequent Wave C doesn't complete the correction by exceeding Wave A's end point.

here i am assuming wave c is over . here i marked bottom of wave A, if low of wave A breaks then the running flat pattern will be invalided.

6월 26일

액티브 트레이드