Is the correction over?

2023년 6월 25일

Unless it is complex,it should be over.
it seems to be a flat correction
a wave 3 wave down and b wave 3 wave up followed
followed by c wave 5 waave down.
But it is premature to say the correction is over.
as correction can be complex,
Normally traders avoid trading this correction phase.
In case of bank nifty it has been continuing and
in nifty it has just started.
let us watch sitting on the side line.
with sevearl central banks resuming hiking rates and
hawkish stand of rbi is not favouring the market.
if this study helping you like my post.
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2023년 6월 26일

노트

2023년 6월 26일

노트

trade set up for flat correction.

2023년 6월 26일

노트

2023년 6월 26일

노트

2023년 6월 26일

노트

on closing bais stop loss not yet taken out