Lic Housing finance complete 4 wave correction
Lic complete 4 wave correction triangle form (A.B.C.DE) . this stock direction upside 5 wave an 5 th wave complete this stock down (A,B,C) wave form close watch this stock
triangle is an Elliott wave pattern seen during sideways market consolidations, it is composed of 5 corrective sequences.
Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility. This pattern subdivide into 3-3-3-3-3 structures labeled as A,B,C,D,E.
It is a continuation pattern which breaks in direction of the preceding move. It could occur in wave 4 in an impulsive structure, wave B in a zig-zag and wave X connector in double and triple threes Elliott wave structures. It could also occur in wave Y of a WXY structure in which case it marks the end of correction.
triangle is an Elliott wave pattern seen during sideways market consolidations, it is composed of 5 corrective sequences.
Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility. This pattern subdivide into 3-3-3-3-3 structures labeled as A,B,C,D,E.
It is a continuation pattern which breaks in direction of the preceding move. It could occur in wave 4 in an impulsive structure, wave B in a zig-zag and wave X connector in double and triple threes Elliott wave structures. It could also occur in wave Y of a WXY structure in which case it marks the end of correction.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research