EWT: Apollo hospital Is Preparing For The Last Corrective Move
Updated
Key Level: 4475 & 5013
Apollo hospital had completed Impulsive wave ((3)) at 5935 and started corrective wave ((4)).
If the price breaks the H-line, traders can sell for the following target: 4437 - 4356 - 4239 below. These are the price levels where the price can u-turn for an impulsive wave ((5)).
A corrective wave is the construction of a three-wave and evidence of an impending impulsive wave.
Traders can also initiate a long setup only in price breaks the impulsive channel. I will upload a long trade setup after the accomplishment of wave ((4)).
Apollo hospital had completed Impulsive wave ((3)) at 5935 and started corrective wave ((4)).
If the price breaks the H-line, traders can sell for the following target: 4437 - 4356 - 4239 below. These are the price levels where the price can u-turn for an impulsive wave ((5)).
A corrective wave is the construction of a three-wave and evidence of an impending impulsive wave.
Traders can also initiate a long setup only in price breaks the impulsive channel. I will upload a long trade setup after the accomplishment of wave ((4)).
Note
FallingTrade closed: target reached
TP 1: 4437TP 2: 4356
TP 3: 4239
After breakout of H-line, price reached all the targets.
Note
I will update my count for you all.Note
Price reached the lower band of the parallel channel.
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