Tuesday, July 18, 2017

Nepse Trading Higher For 1800 or Higher

Nepse completed correction at 1537 level with ending diagonal pattern of wave C). Ending diagonal is common reversal pattern of Elliott Wave theory.
Higher volume supported by bullish RSI indicates that Nepse is trading in impulsive wave.
Bulls hold your buy position and add more during corrections. We will see Nepse above 1800 level very soon.
Nepse Technical Analysis(Elliott Wave) Chart.

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