it has touched the trend line.

human brain is greatest analyser.
All indicators can't match that.
they are lagging indicators.
Comprehend first what is happening around.
elliot wave is simple based on three important conditions.
2 nd wave should not violate the low of 1 stw wave,
3 rd wave should not be shortest.
and 4 th wave should not enter in the territory of 1 st wave.
exceptions leading diogonal and ending diogonal.
here overlapping is allowed.but 3 rd wave should not be shortest must every where.
well I don't want to dive deep in to the matter as the subject here is not teaching elliot wave.
As expected by me bank nifty has touched that trend line,
still upside left.
please go through my series of posts of bank nifty in trading view
check them and feel the accuracy .
I am not predicting here support and resistance levels or demand supply zone.
I am predicting the direction,
please do connect with me by following me and liking my posts.
Chart PatternsTechnical IndicatorsTrend Analysis

Мои профили:

Похожие публикации

Отказ от ответственности