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INP- MSCI INDIA ETF- B-Wave Triangle About to End
This could be an important clue for India Nifty- How India ETF is shaping out.
It's an A-B-C sequence for the India ETF (MSCI) where the B - wave is a triangle which is close to finishing its triangle shape & correction could unfold for the ETF & shall be confirmed once the swing low@53 gets broken -in that case Index shall be heading down in a C - wave of the structure.
Target for C-wave could be 61.8% of A-leg, which comes in the zone 14-15
Regards,
Abhishek H. Singh, CMT
It's an A-B-C sequence for the India ETF (MSCI) where the B - wave is a triangle which is close to finishing its triangle shape & correction could unfold for the ETF & shall be confirmed once the swing low@53 gets broken -in that case Index shall be heading down in a C - wave of the structure.
Target for C-wave could be 61.8% of A-leg, which comes in the zone 14-15
Regards,
Abhishek H. Singh, CMT
トレード稼働中
22:23 Hrs 6th Nov2016Last Price- 66.14
Got a big red candle to start downside
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免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.