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I-Fund-Trader
2 דצמ׳ 2018 11:48

Ideal Elliott wave theory  השכלה

ICICI BANKNSE

תיאור

Most try to Count the waves and Get Caught up in Lots of errors , including Professionals , This one is behaving or seemingly meeting the Elliott wave Principal
Here one can Notice Wave 3 is extended with sub division of 5 impulse wave in it ,
Triangles are formed at wave 4 , which is also visible in wave 4 of Primary wave 3 ,
The One Guideline Elliott leave is one of 3 impulse wave will tend to have an extension but not more than 1 , i think that term is met here in Primary wave 3
Wave B of corrective pattern appears to be strong but its correction and moves beyond of the end of the impulse which is clearly visible on Current price action , which is moving beyond the last Primary impulse wave 5 ,
I am looking this might move till 380 and one can look for reversal , Dont get caught up saying it has to reverse at 380 , its one of the probability
Good Luck
תגובות
joel-vg
Very nice explanation , well drawn chart......

Shukran Jazeera
vinodsinghfcca
Wrong wave counts.
I-Fund-Trader
@vinodsinghfcca, Possible , No worries
vinodsinghfcca
@MoneyRain, Good you didn't get angry this time. Welcome back.
I-Fund-Trader
I-Fund-Trader
@vinodsinghfcca, 3 Month candle about to close by Dec End , I am still looking this as Running flat followed by 5th wave ,
I-Fund-Trader
@vinodsinghfcca,
this is what i am looking , if you have different views , let me know Good Luck
Gopal_Dhamija
Overlap in 3-4 ??
I-Fund-Trader
@Gopal_Dhamija, if you study the theory its possible in Leading diagonal , or wave A of 1 leg up on super cycle
Gopal_Dhamija
@MoneyRain, Yes that's possible, u given no clue of that...
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