Well many try to forecast some thing they know , but on real time very few people can identify the patterns
and they trade it , One can observe the sharp reversal was paused completing 5 wave on smaller degree label as A and then
they made Contracting Flat which is smallest pattern as secondary b wave , then they pushed for 5 wave move as Secondary c wave
Completing B wave ,
Now they have completed part of Zig Zag which is developing as A B C " X " A B C , currently as per my forecast X wave has completed and its about to make U turn for
Correction till 404 , Now having said it will correct up 404 one must consider due to Trend on higher time frame is impulsive it can cut short and reverse also
Look to trade using Mandatory trailing stop in case you want to trade in Futures
Good luck
and they trade it , One can observe the sharp reversal was paused completing 5 wave on smaller degree label as A and then
they made Contracting Flat which is smallest pattern as secondary b wave , then they pushed for 5 wave move as Secondary c wave
Completing B wave ,
Now they have completed part of Zig Zag which is developing as A B C " X " A B C , currently as per my forecast X wave has completed and its about to make U turn for
Correction till 404 , Now having said it will correct up 404 one must consider due to Trend on higher time frame is impulsive it can cut short and reverse also
Look to trade using Mandatory trailing stop in case you want to trade in Futures
Good luck
Not
This has corrected as per forecast , also has changed the Opinion due to its slow move with in the correction , I will update New Post shortly , it is still in correction so ignore Going long in this and Ignore this chart as your reference
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.
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.