Elliott Wave Theory

[prabhsingh]

Which software are you using for making above EW charts?

 

[1sandeepgupta]

I do not use any software, I number the waves manually. Do you know any software please tell us?

 

[1sandeepgupta]

On weekly chart the EURUSD is forming correction pattern. One can go long at 1.2792 with stop loss of 1.2497 and target at 1.3650.

 

[prabhsingh]

I do not use any software, I number the waves manually. Do you know any software please tell us?

Even i am not aware of any.So which from software u constructed ur charts?Was it taken from somewebsites and then you made manual EW charts?

 

[1sandeepgupta]

I use metatrader 4 for forex charting and ninjatrader 7 for stock charts.

 

[1sandeepgupta]

I use tradingview.com to publish my forex charts. This site also provides free and paid charting of forex.

 

[1sandeepgupta]

I am posting nifty monthly chart which is showing correction either 23.6% or the 38.2%. 23.6% looks more probable on the basis of chart structure.

 

[1sandeepgupta]

I am posting the weekly chart of Nifty. Please response.

 

[raj_jain1]

why you took 100% at 5094??
why not at 4800 or 4600...these both are also swing points...

 

[1sandeepgupta]

Wave to [v] starts from 5094 and the usual correction (according to theory and practice) in wave 1 to 5 is 38.2% but the structure is very upright so my be it's just 23.6%.