RELINFRA 5min Update:
Was working well.... Went upto 570 and then reversed.... Maybe the Swing High taken by me for Projection was incorrect.... Any views....
Since we don't yet know the rules for drawing the TTM lines, here is one scenario
to explain how it happened:
The prior swing AB made a 61.8% retracement BC and couldn't retrace further.
The downfall started from C, the prior low B was taken out and the journey
continued smoothly through the first target 127.2% at D, 161.8% target at E,
and the final target 261.8% at F.
Reversals usually take place at 161.8% or 261.8%.