A W-X-Y corrective pattern may have just wrapped up in Muthoot Finance Futures, with Wave Y potentially completing at ₹2086.50.
The final leg of this correction formed a neat a-b-c structure and tapped into a rising trendline support, adding strength to the bullish setup.
If price pushes above ₹2150–₹2180, that would break recent swing highs and hint at trend reversal.
But a fall below ₹2086 would invalidate the structure and open doors for deeper downside.
🧭 Bias: Bullish (as long as price holds above support).
📘 Just sharing my wave-based view — not financial advice. Open to thoughts and feedback!
The final leg of this correction formed a neat a-b-c structure and tapped into a rising trendline support, adding strength to the bullish setup.
If price pushes above ₹2150–₹2180, that would break recent swing highs and hint at trend reversal.
But a fall below ₹2086 would invalidate the structure and open doors for deeper downside.
🧭 Bias: Bullish (as long as price holds above support).
📘 Just sharing my wave-based view — not financial advice. Open to thoughts and feedback!
WaveXplorer | Elliott Wave insights
📊 X profile: @veerappa89
📊 X profile: @veerappa89
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WaveXplorer | Elliott Wave insights
📊 X profile: @veerappa89
📊 X profile: @veerappa89
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。