Real-Time: Running Triangle - Support (2267 nearby) at wave ((D)
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).
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).
Nota
Alternation View:Nota
The 5 waves motive phase.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.