The earlier hypothesis of a bullish impulse in CDSL saw Wave (5) completing near the 1.0 extension from Wave (4), right at the upper channel boundary — a strong confluence zone.
On closer inspection, the internal structure of Wave (5) looks more like an A-B-C rather than a clean 1-2-3-4-5, hinting at possible exhaustion.
This raises the likelihood that Wave (A)/(1) may already be in, and a Wave (B)/(2) correction could be in progress.
Still keeping an eye on the 1.618 projection as a stretch target if the trendline breaks. Until then — structure confirmation is key.
Tools: Elliott Wave, Fibonacci Projections
Timeframe: 30min / 1H for intrawave clarity
On closer inspection, the internal structure of Wave (5) looks more like an A-B-C rather than a clean 1-2-3-4-5, hinting at possible exhaustion.
This raises the likelihood that Wave (A)/(1) may already be in, and a Wave (B)/(2) correction could be in progress.
Still keeping an eye on the 1.618 projection as a stretch target if the trendline breaks. Until then — structure confirmation is key.
Tools: Elliott Wave, Fibonacci Projections
Timeframe: 30min / 1H for intrawave clarity
WaveXplorer | Elliott Wave insights
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📊 X profile: @veerappa89
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WaveXplorer | Elliott Wave insights
📊 X profile: @veerappa89
📊 X profile: @veerappa89
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。