TIJARIA - Poly Pipes - Making and Riding the waves

TIJARIA has started making and riding the impulse waves.

In this analysis, the purple-colored waves are sub-waves of one degree higher.

1. 
   

Purple 3 wave is an extended wave till 2.618 - 3 of the fib level colored in Orange.

1. 
   

Typically as per the #Elliotwave Guidelines when wave 3 is extended wave 4 retracement is until 0.382 fib level (Colored in black)

When this level is held, wave 5 is typically extended until the 0.618 fib extension level (colored in green.

This analysis in only one probability and is based on the data until now.

As per my analysis, wave 4 has just ended and wave 5 journey has just begun