Chart is self explantory,
weekly chart,
here wave 1 and 3 are almost equal.
recent pull back can be wave 4 and there is no pverlapping of wave 1 and 4.
now new impulse wave is in progress.
Alternately the chart can be lebelled as completeion of 5 wave and
pull back was 2 nd wave and recent rise is 3 rd wave but this scenerio is too bullish.
weekly chart,
here wave 1 and 3 are almost equal.
recent pull back can be wave 4 and there is no pverlapping of wave 1 and 4.
now new impulse wave is in progress.
Alternately the chart can be lebelled as completeion of 5 wave and
pull back was 2 nd wave and recent rise is 3 rd wave but this scenerio is too bullish.
