5th wave play in Hero Moto for NSE:HEROMOTOCO by barefootTrades

elliottwaves fibonacci indicator heromotocorp heromotoco heromoto heromotors

If you understand Elliott waves, the chart labelling is self explanatory.
A textbook Elliott wave impulse pattern with missing 5th wave of the 3rd wave.

Thanks for reading, will update as price develops further.

Comment:

played out as expected. trade closed.
will play again and buy the blue wave (iv) pullback.
thanks for reading!

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