A fractal is a never-ending pattern repeating a simple process or pattern over and over again at the same degree or higher degree.
7th Oct 2021
Smaller Triangle or Penultimate Wave was seen & published on 7th Oct 2021- "Can Bulls Bounce Back? - The Irregular Triangle"
Can that fractal repeat again? Yes. The Answer is certainly positive because as nature is full of fractals like seashells / clouds / trees etc. In market, chart patterns can repeat.
This is a bigger fractal if unfolds holding above 16800 then Bulls can bounce back again.
----------------------------------------- Possible Reasons for Bounce ----------------------------------------- 200 DEMA (High) Support
"Nifty Bulls have 60% chances / Bears have 40% chances at crucial juncture of 16800 but traders have 100 % chances if you plan your trades carefully. Going below 16800..."
what a move 😲😲 thank you so much for sharing sir I've a doubt, is market Uptrend & Downtrend, & how to identify Trend in market
WaveTalks
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@ansh_ji, Thanks for your question. Technical Analysis Books are the best source to learn about trends which is the starting point or foundation of any analysis. Books such as Edwards & Magee or John Murphy books on Technical Analysis.
ansh_ji
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@AbhishekHSinghCMT, thankyou so much 😊
gangammakoti
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Sir, please your view for tomorrow......
WaveTalks
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@gangammakoti, Hello dear. Thanks for reaching out. Unfortunately, I am not a full-time trader so updating frequently or regularly is something I cannot commit. Hope you understand.
jinruchi
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sir, i want to learn from you or if you have any kind of paid service i would like to join you pls revert sir
WaveTalks
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@jinruchi, Hello dear, not in teaching business at present & sadly no paid service from my side at the moment + you cannot put 3rd party links or any reference or advertise here as it is against House-Rule. Kindly check house rules from community section mentioned on bottom of the website. Thanks
jinruchi
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i had not published any 3rd party link, no any advertisement, I need only the guidance and education and learning as simple as that nothing much.
WaveTalks
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@jinruchi You got me wrong. I cannot publish 3rd party links or promote any personal services.
jinruchi
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sir, plz provide us a trade entry and exit with sl i am the bigginer don't know abt wave and the chart if do so its grt help to everyone like me.
thank you so much for sharing
sir I've a doubt, is market Uptrend & Downtrend, & how to identify Trend in market