Nifty 50 Forecast with NEoWave(Update1)
While many analysts thought that the NIFTY50 correction was over, the index is still moving towards the specified targets
While many analysts thought that the NIFTY50 correction was over, the index is still moving towards the specified targets
Wave-(g) continues to the range and then a small X-wave is formed, but the price crosses the support range of 21050 – 21473…
In this scenario, if the Bitcoin price is maintained above $70,000, there is a possibility of a double combination pattern
Looking at the DXY chart and the time of wave-(d) from wave-(E), it seems that wave-e from wave-(f) is forming and we still think that gold
In the previous analysis, I had considered wave-C as a double pattern (Flat – X – Reverse Contracting Triangle), but it seemed to have a degree problem