Hello Traders,
NIFTY50 set a new ATH @ 18887.60. As I wrote before:“ It will follow a series of new ATH`s! This is what occur now.
The price-targets for an extending wave v of (v) ranges from 19153-19383.
To select the count in details, it is possible and „looks better”, when counting wave (3) of ((5)) @ the latter high @ 18887. A break of the blue trend line could signal, that wave (3) is indeed done, and wave 4 is in progress.
The pullback, in development right now, could be a wave a of (3) or it was wave (4)! This is my fingertip!
In both cases, the route for N50 in the coming days is clear! New high's again.
A decline to 18325 needs to check the count for alternate idea's.
Ok, that's it for a quick note.
Have a great week.....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!
NIFTY50 set a new ATH @ 18887.60. As I wrote before:“ It will follow a series of new ATH`s! This is what occur now.
The price-targets for an extending wave v of (v) ranges from 19153-19383.
To select the count in details, it is possible and „looks better”, when counting wave (3) of ((5)) @ the latter high @ 18887. A break of the blue trend line could signal, that wave (3) is indeed done, and wave 4 is in progress.
The pullback, in development right now, could be a wave a of (3) or it was wave (4)! This is my fingertip!
In both cases, the route for N50 in the coming days is clear! New high's again.
A decline to 18325 needs to check the count for alternate idea's.
Ok, that's it for a quick note.
Have a great week.....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!