BANKNIFTY 5TH WAVE UP

1. MONTHLY TESTING LOWER TREND CHANNEL
2. WEEKLY 61.8% RETRACEMENT OF PREVIOUS ADVANCE
3.DAILY HIGHER HIGH CORRECTIVE PULL BACK TESTING BREAKOUT SUPPORT
4.HOURLY 61.8% RETRACEMENT OF PREVIOUS UPTREND

Yorum:

near critical resistance area
breakout or reversal
wait for confomation
possibility of wave e traiangle if the current pattern is a part of traingle