although tanla did not gave a breakout, on its 3rd wave, because it follows 5 wave pattern. the waves have come perfectly, to prove this statement, i have drawn a purple line, connecting the points, which defines the 4th wave(correction point) for the 5th wave to give a breakout.
and a orange line defining a breakout in 5th wave.
volume accumulated for a breakout
and a orange line defining a breakout in 5th wave.
volume accumulated for a breakout
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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.