THIS IS NOT A B WAVE

[SIVA]

THIS IS NOT A B WAVE.

 

[Gunjan]

u r seeing it with a traditional elliot wave where b cant break high of a but mr kayal is seeing it with a neo wave rules where b can break high of a

[Mukunhan]

[Aditya]

Mr. Ashish is absolutely correct. Mr. SIVA… B can break the high of A and it tells that this correction is flat and now C will go near or slightly below to low of A

[nilesh]

Wave B = 123.6% of wave

please apply on nifty chart …

this level is very important as per flat pattern correction

[nilesh]

Wave B = 123.6% of wave A

please apply on nifty chart …

this level is very important as per flat pattern correction

[Ashish Kyal, CMT]

Siva, Did you study Irregular Flat pattern even in normal Elliott wave study? If not do read it in my book over here –  and you will know why wave B can break highs of wave A in case of Irregular Flat or an Expanding Triangle pattern.

[SIVA]

The rally clearly lacks the characteristics of a B wave. Seen series of 5 wave advances and 3 wave declines.

[SIVA]

Now all would agree that this is not a B wave. Happy.

[Author]

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