Falling triangle formation signals a potential reversal. RSI shows oversold conditions, hinting at a possible bounce. Elliott Wave count suggests an upcoming breakout scenario. The ...

Previously, on “Gap Down Fully Retraced” (February 5, 2025), we shared the ending diagonal pattern into ... How does the Elliott wave pattern look now and are the previously forecasted targets ...

Minor Wave 1 formed as a leading diagonal, terminating around 7600. Wave 2 was a sharp correction, ending near 7120. Wave 3 pushed higher to 8665. If this structure holds, Wave 4 may form a ...

Worth noting is that according to the Elliott Wave Theory, this five-wave structure can only be a leading diagonal as wave (iv) overlaps with wave (i). Still, the structure should take a ...

The 22,700 - 22,800 zone could act as a potential termination area for Minute Wave ((c)), likely leading to a counter ... might have unfolded as an ending diagonal. The 22,700 - 22,800 zone ...