Nifty Index Wave AnalysisThe nifty index has been trending upside since june 2022 which is going to end very soon.As shown in the chart right now it is in wave 4 correcion which will end at 17691 currecnt correction is expanded flat and then wave 5 will begin which showig the target of 18690 level very high probability confirming with higher degree resistance
Elliotwaveprinciples
The Characteristics of Corrective StructuresHi fellow traders, I would like to share with you all the characteristics of the most important structures when it comes to trading waves. When reading all the rules and guidelines of the Elliott Wave Principle it might be a little overwhelming and complicated for most traders. At least to me it was when I just started learning. For that reason I've tried to put it more in perspective by drawing all the patterns and making it more visual for everyone to understand. The notes are all included on the chart and I hope it helps you during your trading sessions.
If there are any questions please feel free to comment,
~ OGwavetrader
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