AXIS BANK LTDViés de baixa
Analysis on Axis Bank (short)
Atualizado
Wolfe wave analysis - Bearish wave
if candle close above 810, then the pattern fail.
risk to reward favour short, clean sell setup with strict stop loss
Apart from Wolfe bearish wave, I can find out completion of Elliott impulse wave 5 (last bullish wave) I expect Elliott corrective wave occur soon in the ABC pattern
will enter short with confirmation - 30mins candle close in red
if candle close above 810, then the pattern fail.
risk to reward favour short, clean sell setup with strict stop loss
Apart from Wolfe bearish wave, I can find out completion of Elliott impulse wave 5 (last bullish wave) I expect Elliott corrective wave occur soon in the ABC pattern
will enter short with confirmation - 30mins candle close in red
Nota
Entered shortNota
782 - 740 42pts till nowTrade ativo
725 swing trader can book here, if candle close below 715 then go for 680
Aviso legal
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