Learn & Earn "ABC" of Trading:
#Elliottwave
Corrections are primarily-Zigzag & Flat
Flat's sub-waves 3-3-3 or 3-3-5
You see "A" with 3 sub waves, "Flat" in play
The range bound price action is bullish.
#Nifty
Established "17210-17310" range.
Break out & break down beyond this.
#Nifty below 17284 would move lower as in an "Irregular flat" (Remained below 17325 but made a high which is higher than 17312)
Learn & Earn "ABC" of Trading.
Making money with "Flat" corrections.
#Nifty
"Flat" has sub-waves of 3-3-3 OR 3-3-5
3-3-3 done @ 17229 & bounced sharply. This pattern is confirmed IF moves past 17284.
IF not, it could revisit lows 1 more time.
Remember: "Flats" are very bullish unlike zigzag.
#Nifty
Now, 17258 must hold for ST bullishness to continue for new ATH..
#Elliottwave guides you at every step along the way.
Even when it starts to get cloudy, it alerts you with a breach of a "Number".
LRHR trades are possible all the time with #Elliottwave
IF you're an aggressive trader, keep 17275 as TSL now.
#Nifty
Seeing only waves and nothing else.
Seeing only Nature's law/ Human behaviour.
Am sure, you're learning and earning too.
Corrections reveal character
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