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TIJARIA POLYPIPES LTD
Long

TIJARIA - Poly Pipes - Making and Riding the waves

124
TIJARIA has started making and riding the impulse waves.

In this analysis, the purple-colored waves are sub-waves of one degree higher.

Purple 3 wave is an extended wave till 2.618 - 3 of the fib level colored in Orange.
Typically as per the #Elliotwave Guidelines when wave 3 is extended wave 4 retracement is until 0.382 fib level (Colored in black)

When this level is held, wave 5 is typically extended until the 0.618 fib extension level (colored in green.

This analysis in only one probability and is based on the data until now.

As per my analysis, wave 4 has just ended and wave 5 journey has just begun
MendiUser
Trend AnalysisWave Analysis

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.
Trend AnalysisWave Analysis
MendiUser

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.