Deciphering Market Dynamics: Unveiling the TIME CYCLE Scanner for F&O
Stocks in May 2024
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Most of traders develop trading systems based on patterns we see in price
action or in momentum or other indicators. But, what if we took “time” into
acc...
21 hours ago
Sir,
ReplyDeleteI m following Hrly Nifty using ADX. As per the last EW counts 4th started, so ADX will show the trading range signal and later -DM crossover will indicate the 5th wave. Crossover thereafter will indicate beginning of 'A' wave, HERE we sud cover-up the shorts. Please correct!!!
Thanks
Sir,
ReplyDeletethe weaker ADX line (yellow in ur chart), will indicate 5th wave. Thanx
Regards
Hi San,
ReplyDeleteThe wave structure of wave 3 complete is yet to be proved.Also the yellow line is the momentum indicator and green(+DI) and red(-DI).
Regards
K B Raut