Hi cellclinic
Where is point 5 in the chart.
Oh! I forgot, you are alerting other boarders (according to Raghuveer).
Just a suggestion
Please stop alerts, otherwise it will create chaos in the thread.
Someone will post just before point 5, some in between point 4 and 5 and some may post at point 4 itself and some at....
You can post just at point 5.
Second, where is point 4.
The red candle you have taken is not on 2-4 line, it is quite inside.
Rather point 4 is the white candle, which is 2 candles away.
But the problem is, if you take that candle as point 4 then, point 4 will not be in between wave 1-2.
(No no I have no objection, for me it is OK, it is rather you people who raised the objection)
I have reframed your -ww in the following chart.
You will see that point 5 is just away from line 1-3-5, rather just on line (lekin chalega)
Thats why I am suggesing not to post the chart before candle touches point 5.
You can find many charts where price action changed its path before touching/entering line 1-3-5.
Point 4a is your point 4 while point 4b should be the actual point 4.
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