snazre

Diagonal triangle forming in 5th wave of terminal wave

Short
NSE:NIFTY   Nifty 50 Index
1. Diagonal triangle forming in 5th wave of terminal impulse
2. Wave 5 is a diagonal triangle and currently in e wave formation which is longest of all the waves
3. E wave of Wave 5 is a triple combination correction ( as per elliott waves) with last combination being a triangle formation ( wave b) in progress
4. The entire wave is a segment of triangle and not of flat as previously thought to be.
5. The next wave will be completed max in 21 days time [50 % of time to complete wave ] and most likely in 12 days [25% of time taken to complete wave ]


Note: Please trade carefully with long perspective as we are nearing the end of wave with this being a terminal impulse as per my understanding.

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