From lows@1.2501 -it is blue wave A-B(Triangle)-C wave which could finish at an equality distance of A-wave@1.3540.
Within C-Wave which is further tracing as Red Wave sequence A-B(Triangle) -C wave & we are in C-wave (Red) within Blue C-Wave. Likely, we are close to a thrust upside with very important support@1.3000
Red C-wave also has equality distance in the zone 1.3490-1.3500 which will give resistance to upside move & likely later we shall start down leg.
Previous Update- Have been expecting 3rd wave but since it is taking so much time-this is an alternate view both calls for a bullish scenario with key & critical supports mentioned below.
Key Support@1.3048
Critical Support@1.3000
Within C-Wave which is further tracing as Red Wave sequence A-B(Triangle) -C wave & we are in C-wave (Red) within Blue C-Wave. Likely, we are close to a thrust upside with very important support@1.3000
Red C-wave also has equality distance in the zone 1.3490-1.3500 which will give resistance to upside move & likely later we shall start down leg.
Previous Update- Have been expecting 3rd wave but since it is taking so much time-this is an alternate view both calls for a bullish scenario with key & critical supports mentioned below.
Key Support@1.3048
Critical Support@1.3000
Trade active
07:27 Hrs 5th Oct20161.3175
first d-wave done from 1.3117 to 1.3215 Now falling in e-wave.
e-wave started as expected
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Disclaimer
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.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Disclaimer
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.