1. The top in this case shows ending of minuette - iii and sub minuette (iii) levels of wave 3. This puts immense pressure on the stock i.e. a good correction
2. Wave - iii has an extended wave 1 (in circle green) . It means the correction will be sharp and end some where area of microwave 2 (in circle -green) . It is there at present . but can correct all the way to the end of wave micro wave 2 (in circle green)
3. Also observe alteration in sub minuette waves iii - iv .
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2. Wave - iii has an extended wave 1 (in circle green) . It means the correction will be sharp and end some where area of microwave 2 (in circle -green) . It is there at present . but can correct all the way to the end of wave micro wave 2 (in circle green)
3. Also observe alteration in sub minuette waves iii - iv .
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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.