Nifty 50 Elliott Wave
Elliott Wave
The entire wave is up as it moves from the
lower left to the upper right of the chart.
Waves 1,3 and 5 are impulse waves because
they move with the trend.
Waves 2 and 4 are corrective waves because
they move against this bigger trend.
A basic corrective wave forms with three waves,
typically a, b and c.
The entire wave is up as it moves from the
lower left to the upper right of the chart.
Waves 1,3 and 5 are impulse waves because
they move with the trend.
Waves 2 and 4 are corrective waves because
they move against this bigger trend.
A basic corrective wave forms with three waves,
typically a, b and c.
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.