duncanrahatji

duncanrahatji

Wave count in the trendline points out the highs and lows within the channel of the uptrend.....The wave count is missing one Low which is then predicted....The support and resistance are in place in case of a breakout...

duncanrahatji

Using Wave Count you can point out the highs and lows of the chart....As you can see there's an M-formation in the chart that shows high possibility of a down trend and the areas of sensitivity are there to confirm entries as well as the support and resistance