Elliott Wave Analysis:-
A up wave was completed and a correction was over.
If it continues the upside move then an impulse was already in formation.
But if it is a correction was then it will be a connecting wave and the correction will become a correction continuation wave.
my view is one impulse was over in this time frame next to w) wave . if it may go up without breaking down of W) wave then it will form a 5th wave.
another view:-
If the correction wave breaks the top of 2nd wave then entire correction will be correction wave and impulse marking will get failed. wait and watch the wave formation.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
A up wave was completed and a correction was over.
If it continues the upside move then an impulse was already in formation.
But if it is a correction was then it will be a connecting wave and the correction will become a correction continuation wave.
my view is one impulse was over in this time frame next to w) wave . if it may go up without breaking down of W) wave then it will form a 5th wave.
another view:-
If the correction wave breaks the top of 2nd wave then entire correction will be correction wave and impulse marking will get failed. wait and watch the wave formation.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.