We can see that now it is a big corrective ABC, and we are in B now.
Target 16000-18500.
Then godown back to 3200-3800.
16000 is Based on Gartley Pattern
18500 is Based on Elliote wave theroy of a Flat correction.
Also As B is a running triangle, we assume C = 2*(B's Max width) or C= 3*(B's Max width). You can also see that 16000-18500.
Thanks, it is it.
Target 16000-18500.
Then godown back to 3200-3800.
16000 is Based on Gartley Pattern
18500 is Based on Elliote wave theroy of a Flat correction.
Also As B is a running triangle, we assume C = 2*(B's Max width) or C= 3*(B's Max width). You can also see that 16000-18500.
Thanks, it is it.
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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.