IDFC First bank has a peculiar wave count. A wave was 61.2% of wave 1. Wave B was 161.6% of wave A. Wave C is 61.8% of wave B. I did not mark B as another sub wave 1 as it clearly looked three waves. Wave C low aligns with Wave 1 low and wave A low.
The target for Wave 3 using the channel extension is shown (as minimum) by this year. Looks like If time gets extended to complete wave 3 then wave 3 targets also gets extended.
Is this setup possible? Not sure of the counts. I am using logarithmic scale.
The target for Wave 3 using the channel extension is shown (as minimum) by this year. Looks like If time gets extended to complete wave 3 then wave 3 targets also gets extended.
Is this setup possible? Not sure of the counts. I am using logarithmic scale.
Aviso legal
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.
Aviso legal
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.