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UnknownUnicorn12270065

The leading Contracting Diagonal in Five wave, NIFTY.

Índice Nifty 50 (NSE:NIFTY)  
UnknownUnicorn12270065  
NSE:NIFTY   Índice Nifty 50
Elliott Wave Parallel Channel Triangle NIFTY contracting
18
5
elliottwaves parallelchannel triangle nifty contracting
I've used here 2hrs timeframe to zoom the chart for clear picture of sub waves.

  • The Primary Four Wave has formed 3-3-3-3-3 Expanded Triangle.

The Five already initiated with gaps and trying to develop a leading contacting triangle. After mature triangle we will see sharp move that can be upward.
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