A change to the wave count on Axis, The fall 5 waves down remains in tact till the high of wave 5 holds which is at 577. The triangle pattern that I marked as wave B is wave b of 2 i.e. part of the up move and not the end of it. So today we are making wave c of 2 up and are at 78.6% near 564. Once wave 2 up is over wave 3 down to 500 should start.
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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.