-The very first correction is an impulsive wave denoted by (I). The 2nd wave (II) is flat pattern where wave c is a failure.
- This market seems very bullish to me. After the flat correction, the market will go for another impulsive move. The next entry would be around to the previous resistance located at B.
**** This is just my assumption. Wave count might be wrong. Please don't place trade on the basis of this analysis.
Take risk. cut losses.
- This market seems very bullish to me. After the flat correction, the market will go for another impulsive move. The next entry would be around to the previous resistance located at B.
**** This is just my assumption. Wave count might be wrong. Please don't place trade on the basis of this analysis.
Take risk. cut losses.