eurusd 4hr. chart
after the breakdown from digonal pattern indicates 1.3448 which is previous lower level then it may go up for the complete of 4th wave. but if we look on chart ,it creats inverse H&S pattern (bullish above the resitance white line ) ,once it will touch previous low(1.3448) then it will be invalid of inverse H&S pattern.
mcx copper 4hr. chart
according to this trend line ,copper may touch 361 level . i may square off all short position near 335 level . pattern is so simple but problem is in elliot wave (EW) theory . it is not easy to understand at this point . EW--A wave --near 346 , after the breakout the B wave will be ---near 335 , & C wave ---361 .according to contrary method ---- every body is in bearish position near all time high so chances could be nifty will trade above 5300 level for few days till the bearish in dollar .
