some more fractals in daily charts
in left part a contracting triangle was formed as shown in blue lines and pt5 busted out of line joining pts 1 and 3 and expected trgt price was reached at expected time in same way as we do in WW pattern
this contracting triangle pattern is repeating in right side in violet lines
pt5 got busted again out of line joining 1 and 3
if we draw the line joining pts 1 an 4 in black line in running contracting triangle pattern (similarly as in left side pattern in red line)for evaluating trgt price then i am getting it abv 7100...whopping number and by time may take 4-5months
in left part a contracting triangle was formed as shown in blue lines and pt5 busted out of line joining pts 1 and 3 and expected trgt price was reached at expected time in same way as we do in WW pattern
this contracting triangle pattern is repeating in right side in violet lines
pt5 got busted again out of line joining 1 and 3
if we draw the line joining pts 1 an 4 in black line in running contracting triangle pattern (similarly as in left side pattern in red line)for evaluating trgt price then i am getting it abv 7100...whopping number and by time may take 4-5months
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S4S - One query. Considering the purple triangle forming on the right, can we say that price would reach close to about 6010 in the coming days and move down...?
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