Bajaj Holdings Is About To Begin It's Fifth Wave Up
A Perfect Elliott Wave Impulse Pattern Is Spotted in Bajaj Holdings, Why Do I Call It Perfect? Because It Abides By all The Rules and Guidelines, Even a Perfect Elliott Channel Exists Here, The Price Objective For The Fifth Wave Top Can Be Derived By Many Ways, First is To Measure The Width of The Triangle and Project That Distance From The Point of Breakout In The Direction Of The Breakout, Second Method is To Use The Upper Boundary of The Channel, Third is To Use Fibonacci Ratios (Preferred Method). So If You're a Scalper or Short Term Trader, You Can Trade The Triangle Breakout, Or Short After the Ffith Wave Top.
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