W1=4531-4800=269
W2=4800-4588=212
W3=4588-5389=801
W4=5389-5325=64----I am attaching more value to time taken by this subwave.
W5=5325-5541* lets see where it ends--
And as (v) can not go above 425% of (i),I am not giving more than 33 points to current upmove.
Raghu
Raghuvanshi Ji,
ReplyDeletelooks you didn't type 1 beside 33.
425% of 269 = 1143
1143+4531= 5676
Is your ultimate upper limit is 5676??
If this is your figure, my TL also supports as it comes around 5670-5690 depends on time it reaches. Till we cross this I assume we are not in bull market. However I am layman of EW.
w4 is juzz 3 days yaar, inclusive of both days..........and distance......not even worth considering.......
ReplyDeleteRULEZ........Concentrate on the CORE RULEZ Brother..........Consider the move from 4588-5542* as fractals of W3 and see it satisfied R&G for impulse....If not.........see if satisfied R & G for Correctivez.
@WR:Thanks for your views Guruji,
ReplyDeleteI may be wrong but I am guided more by the fact that during whole of this upmove from 4588 we spent maximum time at 5325-5400 band and still we can not allot any label to this band because the actual price action didnot fit in the percentage guide-line.
Let further mkt. moves judge my counts---
Regds,