BULLISH Scenario:
We have started impulse wave at 6.4 which ended at 9990.
Now we are in wave 2. we failed to start new impulse wave near 8200 so we had wave failure at 8.8. we are doing wxy
now we are doing Y. (within Y we are at wave C)
we have confluence supports near that green box..
1.0.786 fib extn of wave 1
2. 1:1.618 fib extn of wave A:C
3. we have trend...
BEARISH scenario:
we have wave failure at wave 12K (X) so we are doing WXYZ correction.
And we finished wave Wave A of WAVE Y at 6400 , Wave B at 9990 and we are doing wave C
am targeting 1:0.618 and 1:1 of A:C (for wave C)
(green and red count)
I will be publishing the bullish count soon.
