Discover A Simple Method to Label
HH, HL, LH & LL.
A thread on the most requested subject.
It’s more important than any predictive use of Fibonacci Tools of Trading View for Wave Projections.
Many times wave count become debatable and when they change you can be aware by simple use of Labelling.
1/n
#Trading #Tradingtips #Nifty #Thread
HH, HL, LH & LL.
A thread on the most requested subject.
It’s more important than any predictive use of Fibonacci Tools of Trading View for Wave Projections.
Many times wave count become debatable and when they change you can be aware by simple use of Labelling.
1/n
#Trading #Tradingtips #Nifty #Thread
Labelling HH HL LH LL!
Labelling is dealing with the 'present' more relevant as a trader than predictive use of Fibonacci Tools of Trading that just gives milestones and targets in future.
First be in the 'present' and then the future will arrive.
2/n
#Investing #StockMarketindia
Labelling is dealing with the 'present' more relevant as a trader than predictive use of Fibonacci Tools of Trading that just gives milestones and targets in future.
First be in the 'present' and then the future will arrive.
2/n
#Investing #StockMarketindia
Labelling HH HL LH LL!
It will help you navigate the wave and be logical and decisive and just in time keeping you ahead of markets.
HH is labelled when consecutive Highs are made.
HL is labelled when consecutive Higher Lows are made.
3/n
#Trading #Tradingtips
It will help you navigate the wave and be logical and decisive and just in time keeping you ahead of markets.
HH is labelled when consecutive Highs are made.
HL is labelled when consecutive Higher Lows are made.
3/n
#Trading #Tradingtips
Labelling HH HL LH LL!
LH is labelled when a Low below a Higher High HH is formed.
LL is labelled when consecutive new Lows are formed.
The cycle of upside starts when a Higher High is formed just above earlier Lower High and thereafter a Higher High HH.
3/n
#Trading
LH is labelled when a Low below a Higher High HH is formed.
LL is labelled when consecutive new Lows are formed.
The cycle of upside starts when a Higher High is formed just above earlier Lower High and thereafter a Higher High HH.
3/n
#Trading
In the event it does not take support, either a Higher Low may be formed or Lower Low may be formed as depicted below
4/n
4/n
‘A’ can follow with another HH and HL as seen in the two illustrations:
The HH HL HH HL as circled is a formation of Overlap Wave where new HL is below previous HH turning structure sideways and weak for fall.
5/n
#Trading
The HH HL HH HL as circled is a formation of Overlap Wave where new HL is below previous HH turning structure sideways and weak for fall.
5/n
#Trading
A LH can give a straight fall or convert to a Compression and then Fall or Spurt to form LL and HH as per illustrations:
6/n
#Tradingtips
6/n
#Tradingtips
Waves can dodge tp
Here it may form a HH.
For any HH HL LL LH confirmation minimum two closings is a must
Just one closing and overlaps the trend may please be ignored.
8/n
#Trading

Here it may form a HH.
For any HH HL LL LH confirmation minimum two closings is a must
Just one closing and overlaps the trend may please be ignored.
8/n
#Trading

Waves can dodge you in following manner.
Need to be agile and vigilant.
A Lower High and Lower Low formation may make you believe of continuous fall and a rise that may go above LH to form a Higher High.
9/n
#Tradingtips
Need to be agile and vigilant.
A Lower High and Lower Low formation may make you believe of continuous fall and a rise that may go above LH to form a Higher High.
9/n
#Tradingtips
Thank you for reading!
This is a technical tweet, study wisely.
This is a technical tweet, study wisely.
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