Nifty50 moved in our direction, went across and then took a pull back. Wave 4 in textbook pulls back to 38.2% in most cases, however in Nifty50 during uptrends, it does retrace top 23.6% perfect even still for Elliott Wave rules. The current setup looks good, but I want to focus on confirmations rather than take every trade. What do I do for confirmations: -
Heikinashi Candles
Kiss Bot - another free indicator that I have made and published on Trading View
Falcon CCI Indicator - another free indicator that I made and published on Trading View
Once we reach target then we should expect a massive pull back towards end of wave 4 in ABC format.
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