SBICARDS : An implusive wave is been marked from low of 495 and completes at the peak of 1138.
Since than the corrective wave had been in progression and now the triangle pattern appears to be complete. The triangle is marked with a-b-c-d-e as observed in the chart.
The FIBO time is used and the orange vertical lines can be seen on the chart.
FIBO trend projection is used from the beginning of the implusive wave at 495 to 1138 and than placed at the 720.80, completion of wave e of the triangle. The projections levels are visible on the charts.
Since than the corrective wave had been in progression and now the triangle pattern appears to be complete. The triangle is marked with a-b-c-d-e as observed in the chart.
The FIBO time is used and the orange vertical lines can be seen on the chart.
FIBO trend projection is used from the beginning of the implusive wave at 495 to 1138 and than placed at the 720.80, completion of wave e of the triangle. The projections levels are visible on the charts.
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