Wave Strategy Home Forums Discussion Forum Elliott Wave count on Canara bank

This topic contains 1 reply, has 2 voices, and was last updated by Profile photo ofashishkyal Ashish kyal, CMT 1 week, 4 days ago.

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  • #124449 Reply

    Dev

    Hello Sir, I have plotted wave count for Canara bank and it looks that we have completed wave 4 in form of Extracting triangle (broken bd line) . Could you please share views on same.

     

    Canarabank

     

    #124839 Reply
    Profile photo ofashishkyal
    Ashish kyal, CMT
    Participant

    Hi Dev, Wave 4 you marked looks like Neutral triangle. Move above end of wave d is required for positive confirmation. However, wave 1 is not impulsive. Check again.

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