How we planned and traded Wave C using Wave Principle
May 22, 2022 2022-05-22 9:50How we planned and traded Wave C using Wave Principle
In this article I am going to explain the recent C wave trade that we planned and traded and using Wave Principle. Within the corrective structure Wave C is often the strongest wave and can offer excellent trading opportunities.
The C wave trade was planned in 75 mins time frame. When the market closed on 13th May 2022 the 75 mins chart was looking as under.
On 15th May we sent the following video update to our Premium Clients where we covered a very detailed analysis of the Nifty Future. Below is the Google Drive Link of the Premium Video Update.
https://drive.google.com/file/d/1OImdvr4l62wiCH2sGVWJ955wssTza1Oa/view?usp=sharing
Our thesis played out as expected and strong C wave rally materialized. The invalidation level was 15733 and our first TGT was 16120 and second TGT was around 16370 and both these targets were achieved in no time. See the below chart.