Someone new to Wave-Counting might be a little confused. OR a lot confused.
Here's what I'm trying to explain: I have these 3 Correct Wave-Patterns (ABC) that are bullish.
You'll notice in the chart below that another higher price ABC.
An easily can recognize that impulsive sub-waves (1,2,3,4 and 5) of the higher degree of waves A and B.
At this time, Nifty is trying to complete ABC's corrective pattern of wave 4(of the higher degree of wave C). The price looking for a new high.
You can understand this by looking lower TimeFrame of the ABC pattern.
Another reason for the upcoming new high in nifty is that, the measurement of wave A=C.
The validation for this pattern requires more analysis.
Here's what I'm trying to explain: I have these 3 Correct Wave-Patterns (ABC) that are bullish.
You'll notice in the chart below that another higher price ABC.
An easily can recognize that impulsive sub-waves (1,2,3,4 and 5) of the higher degree of waves A and B.
At this time, Nifty is trying to complete ABC's corrective pattern of wave 4(of the higher degree of wave C). The price looking for a new high.
You can understand this by looking lower TimeFrame of the ABC pattern.
Another reason for the upcoming new high in nifty is that, the measurement of wave A=C.
The validation for this pattern requires more analysis.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。