TradingView
SCBNifty
15 août 2020 05:08

Trade what you see Long

STATE BK OF INDIANSE

Description

confirmation of "e" on the chart awaited
waiting for price confirmation.

How to classify this pattern?

"Continuation Or Correction "

Argument:
1. Perfectly placed shrinking price action.
OR
1.Angle of pattern is gradually rising?

Commentaire

193.00 for ID would be my SL if i was trading this stock

Commentaire

SL triggered for ID

Commentaire

still waiting for Wave e to be confirmed

Commentaire

next trade day might provide a much needed clarification.

Commentaire

we should be able to place our Wave e on the chart by days end.
Commentaires
Niftydirection
Preceding uptrend contracting triangle should break upside. If holds low of C then probably will go up.
SCBNifty
@Niftydirection, your view is " 1.Argument ".
TradeXetrem
Dear Sir where i can learn Elliot Wave pricinples let me know.
SCBNifty
@TradeXetrem, You have a plethora of reference books available, and there are equal number of websites offering enough material. You can learn from Elliott Wave practitioners.
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