I am posting Elliott Wave Analysis of daily chart of 'PNB Gilts' to understand it's structure. It has completed minor wave 3 and now is correcting. Wave A and wave B has completed and now wave C is to correct.
Alternative count: Minor wave 3 and 4 has corrected and minor wave 5 is unfolding. This wave count will be relevant when price breaks above 33.10. There is resistance at level 35.17.
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Disclaimer: This and all the ideas I present are for educational purpose only.
Alternative count: Minor wave 3 and 4 has corrected and minor wave 5 is unfolding. This wave count will be relevant when price breaks above 33.10. There is resistance at level 35.17.
Disclaimer: This and all the ideas I present are for educational purpose only.
