the Sensex started its recovery and is forming a wedge..
the 1st wave had 3 up moves of which the third move had tried to break the resistance which in turn failed and collapsed to its support.
the 1st wave is also having 3 up moves of which the third move tried to break the resistance but has failed..
expecting a collapse...
PS: I'm a beginner lever trader and would love to get some feedback to this from other like minded traders... please correct me if I'm wrong .. i'll get to learn something new!
thanks in advance for your comments n feedback...
the 1st wave had 3 up moves of which the third move had tried to break the resistance which in turn failed and collapsed to its support.
the 1st wave is also having 3 up moves of which the third move tried to break the resistance but has failed..
expecting a collapse...
PS: I'm a beginner lever trader and would love to get some feedback to this from other like minded traders... please correct me if I'm wrong .. i'll get to learn something new!
thanks in advance for your comments n feedback...