#Banknifty 4 Hour
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#Banknifty on 4 hour chart seems to be doing a double three combination, as I understand from the EW theories from several sources that
Double three is a sideways combination of two corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three.
It is possibly in last phase of its correction which seems to be triangle, any successful breakout would potentially invite upside targets as marked on the charts.
Double three is a sideways combination of two corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three.
It is possibly in last phase of its correction which seems to be triangle, any successful breakout would potentially invite upside targets as marked on the charts.
Ghi chú
Ghi chú
How was this analysis, Please do post your comments :)
Ghi chú
Target done Đóng lệnh: đạt mục tiêu
Target done. Trade closed
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