There are numerous alternative count in this range , wanted to put some of them together since it will be easier for me to follow and check :) Good luck .
This first one is one of the likely one for me. Since move from 3k to 14k is clear 5 waves up and i find the B wave counts incomplete or forced. So after yesterdays price action I think this could be an alternative for bear market continuation if its going to happen.
* In this page i wont be sharing trading set-ups one by one for each scenario , but if i need to summarize for short term, short under 11200 , long 11200 - 14k range and short over 14k range with entries based on 4h analysis , would be appropriate. Also for this specific scenario longing 7-8k to the 17-18k would be swing play.
This first one is one of the likely one for me. Since move from 3k to 14k is clear 5 waves up and i find the B wave counts incomplete or forced. So after yesterdays price action I think this could be an alternative for bear market continuation if its going to happen.
* In this page i wont be sharing trading set-ups one by one for each scenario , but if i need to summarize for short term, short under 11200 , long 11200 - 14k range and short over 14k range with entries based on 4h analysis , would be appropriate. Also for this specific scenario longing 7-8k to the 17-18k would be swing play.
Comment:
This was my preferred main count. expectation ( and still giving small probability ) a fakeout over 14k with a sharp rejection followed by strong sell. Now its kind of changed. But again we ll see in the coming days .
Comment:
3-14k move as c wave , this one is a rare count i found with 5 wave up . if we topped here , its putting us to 1k