We are working on 15 minutes time frame and try to understand wave principles/ behavior on small TF
Here, one leg of correction has already been completed @ 15600 levels, marked as Y.
Now, from here, pattern could be completed or could undergo any complex correction,
CASE-1
As per marked pattern, connecting wave (x) or (A)has been formed (Pattern ABC, could be connecting, & could be flat) @ 18100 levels.
If the wave marked is A (535 pattern) possibilities are the counter waves could be B (again in ABC (535 pattern) & if you sum up both waves, waves A & B have been completed & now its turn for the wave wave C to complete, possible pattern is (335) could be Flat correction and now i am expecting the waves to get completed in 5 waves pattern, as per shared diagram
CASE-2
If the connecting wave is X, then and if we change wave count the valid possibilities could be (ZIGZAG correction) wave A has been completed & now wave B is underway, the possible completion level in this case id 61.8% of wave A. as shared in diagram
Here, one leg of correction has already been completed @ 15600 levels, marked as Y.
Now, from here, pattern could be completed or could undergo any complex correction,
CASE-1
As per marked pattern, connecting wave (x) or (A)has been formed (Pattern ABC, could be connecting, & could be flat) @ 18100 levels.
If the wave marked is A (535 pattern) possibilities are the counter waves could be B (again in ABC (535 pattern) & if you sum up both waves, waves A & B have been completed & now its turn for the wave wave C to complete, possible pattern is (335) could be Flat correction and now i am expecting the waves to get completed in 5 waves pattern, as per shared diagram
CASE-2
If the connecting wave is X, then and if we change wave count the valid possibilities could be (ZIGZAG correction) wave A has been completed & now wave B is underway, the possible completion level in this case id 61.8% of wave A. as shared in diagram
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.