Hello friends this is nifty futures chart
The recent 5-wave corrective structure (Elliott Wave) seems to have completed near the Flip Zone, with Wave (5) marking a potential bullish reversal point.
Key Observations:
Strong impulse move followed by a 5-wave retracement
Price reversed from previous accumulation zone
Structure suggests a potential bullish continuation
Targeting zone near 25,800–25,900
Let’s see if the bulls can take control from here! 🐂
The recent 5-wave corrective structure (Elliott Wave) seems to have completed near the Flip Zone, with Wave (5) marking a potential bullish reversal point.
Key Observations:
Strong impulse move followed by a 5-wave retracement
Price reversed from previous accumulation zone
Structure suggests a potential bullish continuation
Targeting zone near 25,800–25,900
Let’s see if the bulls can take control from here! 🐂
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.