Analysis on Axis Bank (short)
已更新
Wolfe wave analysis - Bearish wave
if candle close above 810, then the pattern fail.
risk to reward favour short, clean sell setup with strict stop loss
Apart from Wolfe bearish wave, I can find out completion of Elliott impulse wave 5 (last bullish wave) I expect Elliott corrective wave occur soon in the ABC pattern
will enter short with confirmation - 30mins candle close in red
if candle close above 810, then the pattern fail.
risk to reward favour short, clean sell setup with strict stop loss
Apart from Wolfe bearish wave, I can find out completion of Elliott impulse wave 5 (last bullish wave) I expect Elliott corrective wave occur soon in the ABC pattern
will enter short with confirmation - 30mins candle close in red
註釋
Entered short註釋
782 - 740 42pts till now交易進行
725 swing trader can book here, if candle close below 715 then go for 680
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