Anilmangal
Motive Wave (Impulse) Elliott Wave PrincipleHello Guys : This is an Impulse wave & if you wanna take this position I Prefer to wait for completion of 5th wave and then you can go Short for corrective Wave.
and I wanna Thank you sir (Anil Mangal) for guiding me to Elliot Wave Principle & this is my 1st Idea in Elliot Wave & I am really thankful to you sir
Thanks Alot
Long-awaited AUD/NZD buyCurrent AUD/NZD is still corrective in nature. I am expecting the last leg of the pattern down and then a big thrust up which will probably last several weeks and will be a wonder to behold.
IF you have a backtested strategy of entering markets WAIT till the pair finishes the pattern and get in.
SHORT then LONG for NZD/USDOne of the scenarious for this pair is to go down a bit and then to attempt to rise as high as possible up to the trendline.
If you are planning to open long positions, wait for a deeper retracement (some of you may even attempt to sell).
After that ready the gun to strike up.
Will History repeat again?Reliance capital breakout triangle in coming days.
Which wave will support it, the MODI WAVE(because in history it was modi wave)
Anil mangal sir, please provide your wave analysis,
thanks in advance!!