Within triangle family, there's actually three types of triangles : 1) Barrier Triangle , 2) Expanding Triangle 3) Contracting Triangles. The most common that you will encounter know roughly, 80% of the time is going to be the contracting variety, and that's what we have here in front of you.This is a contracting triangle because you can see here you see the trend lines which connects the extremes of waves by ((B))-((D)) and ((A))-((C)) actually converge.
The five waves move has specific sub-structure, identified as waves ABCD and E. Moreover, each one of those waves each structure within the move actually breaks down into three smaller waves, also identified as waves ABC. For the HINDUNILVR price chart has 3-3-3-3-3 sub-structure in which wave ((C)) has taken long time to complete and little complex as expected.
Now, We are going to look support for the wave ((D)). Wave (C) at 2266 = wave (A).
But last time you said, this script will move upward, but this time u r saying this will go down, what is happening
Trade-Technique
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@sbhbadrinath, Same time, i have update both chart.... check time
jeevaramanan
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I have alterations for this chart ... Your charting is very clear ......👌
Trade-Technique
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@jeevaramanan, i already added it. lol but nice worked by you. More chance to follow Alternation.
jeevaramanan
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@Kinnari_Prajapati, your praises like a energy tonic for me... Thankyou mam. Idea sharing very important for grow together... Then I post my comment for alterations.....
Trade-Technique
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@jeevaramanan, Yes, I am also happy to see your comment.