GBPINR Update-1 (Revised)
My view on the short term forecast posted in the linked idea is revised:
https://www.tradingview.com/x/zSQljH0u/
The recent price action is bullish after correction but it is slower than the previous motive wave. Hence I am concluding this wave as an ABC wave.
https://www.tradingview.com/x/DHUrNm1J/
Wave C has a potential to move upto 100.4 but not certainly if extends beyond Dec 6 2022. This wave shall conclude on or before Dec 6 2022 ie within the time duration of wave B.
Internally wave C looks like it is a 5 wave move up where in it have now done with 3 waves with 4th wave to be confirmed by breaking below 96.2 and wave 5 yet to come to finish wave C appropriately.
https://www.tradingview.com/x/GUflCCJ7/
https://www.tradingview.com/x/zSQljH0u/
The recent price action is bullish after correction but it is slower than the previous motive wave. Hence I am concluding this wave as an ABC wave.
https://www.tradingview.com/x/DHUrNm1J/
Wave C has a potential to move upto 100.4 but not certainly if extends beyond Dec 6 2022. This wave shall conclude on or before Dec 6 2022 ie within the time duration of wave B.
Internally wave C looks like it is a 5 wave move up where in it have now done with 3 waves with 4th wave to be confirmed by breaking below 96.2 and wave 5 yet to come to finish wave C appropriately.
https://www.tradingview.com/x/GUflCCJ7/
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.