Wave Trader Profile picture
Here for learning and knowledge sharing of whatever little I know~ Was earlier on MMB by the same name~ Note: Views expressed are for educational purpose only~
May 12, 2022 5 tweets 2 min read
Posting current View on #Nifty
Probability of C.3 / 3.3 down currently within which the 5th wave down is in progress~
15800 is approx 61.8% level, below which 156xx should open up~
Note that the C.4 / 3.4 coming up should break the channel of internal waves of C.3 / 3.3 as shown Image #Nifty Bearish remains the preferred scenario for tomorrow-
78.6% @ 15635 becomes important next for tomorrow till 15900 does not cross on hourly basis; hence risky to carry longs~
Usually W3.5 goes deep beyond 61.8% (16800), so far already done 68%~