Hello GuptaRegarding the measurement of waves E and B:Chart 2nd is correct.Regarding the method of measuring price and time:To measure a wave in terms...
Hello GuptaYesThis is a bow tie diametric and not a zigzag diametric.Good luckNEoWave Chart
Hello GuptaFirst point:The red label-(a) should be placed one bottom aheadSecond point:About the small blue X-wave.I said earlier that small X-waves s...
Hello GuptaYes we were expecting a reversal but there is still a possibility of a diametric formation and we have to wait. But it is clear that Bankni...
Hello DeepakI answered this question once and I think you posted it twice.Good luckNEoWave Chart
Hello GuptaNo, there is no problem.The degree rule in the way we use it for standard patterns does not apply to X-waves.The problem occurs when the sm...
Hello DeepakFirst note about Cash Data chart:Sometimes in stocks and stock indices if you set the base time frame to less than 30 minutes, due to larg...
Hello GuptaAs I have said many times before, trading in corrective patterns is very risky because corrective patterns often surprise us and the recomm...
Hello Gupta- You correctly identified the start and end points of the waves. Label-(a) should be placed further back- Considering your base timeframe,...
Hello GuptaI said before that whenever you have trouble identifying the structure of waves from a lower degree:1- Move the wave label one top or botto...
Hello GuptaYou should definitely use only one of the charts. The reason is this: for example, when your base timeframe is 1H and the Cash Data is 1D, ...
Hello GuptaFirst point:I have said this many times that corrective patterns usually surprise us, so do not try to get ahead of the market or think tha...
Hello GuptaThe most similarity between waves is in diametric and symmetric patterns. In triangles, the discussion of wave similarity is not as importa...
Hello GuptaThe first chart is more accurate and seems to follow a similar path as Nifty50Good luckNEoWave Chart
We can consider it as a double pattern.