Do you remember MCX Natural Gas Wave Analysis?
Click Here: MCX Natural Gas – Elliott Wave projection
BEFORE
I have written clearly, “If the price sustains below the lower band of the channel, traders can expect the following targets: 288 – 275 – 267.”
AFTER
Timeline:
[18 January 2023]
- 12:55 PM – Price reached the first target of 288.
- 11:30 PM – Price touched the second target of 275.
[19 January 2023]
- 10:40 AM – The price made a low of 268.1, which is close to our final target of 267.
[20 January 2023]
- 09:15 AM – Price touched the final target of 267, and made a low of 254.3.
If you have traded this setup, you could have earned more than 70 points / lot.
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