Unless it is complex,it should be over.
it seems to be a flat correction
a wave 3 wave down and b wave 3 wave up followed
followed by c wave 5 waave down.
But it is premature to say the correction is over.
as correction can be complex,
Normally traders avoid trading this correction phase.
In case of bank nifty it has been continuing and
in nifty it has just started.
let us watch sitting on the side line.
with sevearl central banks resuming hiking rates and
hawkish stand of rbi is not favouring the market.
if this study helping you like my post.
follow me to get updates.
it seems to be a flat correction
a wave 3 wave down and b wave 3 wave up followed
followed by c wave 5 waave down.
But it is premature to say the correction is over.
as correction can be complex,
Normally traders avoid trading this correction phase.
In case of bank nifty it has been continuing and
in nifty it has just started.
let us watch sitting on the side line.
with sevearl central banks resuming hiking rates and
hawkish stand of rbi is not favouring the market.
if this study helping you like my post.
follow me to get updates.
ノート
ノート
trade set up for flat correction.ノート
ノート
ノート
on closing bais stop loss not yet taken out
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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。