Trading@104.06
Yesterday's high@104.63 marked the end of the black 3rd wave. Currently we are in 4th black wave which could become an a-b-c sequence again out of which a-fall is done from 104.63 highs -it is retracing back with lows@103.55 falling below 103.55 will indicate that it is c-wave of the fall or if it retraces from current highs of 104.09 but fails to take out 103.55 in that we should go long above 104.09 to the zone 104.80-105
Previous Update- How UJ travelled since 101.70's to 104.60's
Regards,
Abhishek H. Singh, CMT
Yesterday's high@104.63 marked the end of the black 3rd wave. Currently we are in 4th black wave which could become an a-b-c sequence again out of which a-fall is done from 104.63 highs -it is retracing back with lows@103.55 falling below 103.55 will indicate that it is c-wave of the fall or if it retraces from current highs of 104.09 but fails to take out 103.55 in that we should go long above 104.09 to the zone 104.80-105
Previous Update- How UJ travelled since 101.70's to 104.60's
Regards,
Abhishek H. Singh, CMT
Trade active
18:45 Hrs 13th Oct2016UJ opened as shown in the chart- 4th wave as a-b@104.10- c-wave which is currently running from 104.10 highs.
Going above 104.10 -it will leave behind 4th black wave & will start heading for 5th wave.
Trade active
19:40 Hrs 13th Oct2016Trading@103.40
(c) wave in 4th black wave travels 61.8% at 103.35-103.40 zone equality to (A) -wave at 102.90-102.95 zones
We were again at the top of the B - wave in 4th Black wave@104. 10
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.