3 SCENARIO'S OF ELLIOTT WAVE COUNT, ONE OF THEM IS SURE TO HAPPEN IN THE MARKET?

I HAVE ALREADY SHARED EARLIER ABOUT OUR BULLISH ELLIOTT WAVE SCENARIO, NOW I WOULD LIKE TO SHARE OUR BEARISH SCENARIO, SINCE SEPTEMBER AND OCTOBER ARE NOT SUCH GOOD MONTHS, I AM MORE INCLINED TOWARDS THE BEARSH SCENARIOS

FIRST SCENARIO:

THIS IS WHERE WE ARE MAKING A 5TH WAVE EXTENSION AND WOULD WOULD FALL ONCE THE EXTENSION IS OVER, IN THIS WE ARE FORMING AN ENDING DIAGONAL TRIANGLE, WE ARE CURRENTLY IN THE C WAVE OR 3RD WAVE OF THE ENDING DIAGONAL TRIANGLE HAVING 2 MORE WAVES TO COMPLETE



SECOND SCENARIO:

MY SECOND SCENARIO IS EITHER WE TEST THE PREVIOUS TOP AND THEN FALL, OR WE START FALLING FROM THE NEXT WEEK ONWARDS AS THE 5TH WAVE WOULD BE TERMED COMPLETED.



THIRD SCENARIO:
AS SHARED EARLIER OF THE POSSIBILITY OF SENSEX GOING TO 17500-17900.

I HAVE POSTED THE CHART FOR THIS EARLIER, YOU CAN BROWSE BELOW AND CHECK THE CHART.

NOW THE BIG QUESTION, HOW DO WE TRADE THESE SCENARIOS, IF WE FALL NEXT WEEK WITH 700-800 POINTS ON THE SENSEX THEN CONSIDER THE 2ND SCENARIO TO BE IN COMMAND OR IF WE WE MAKE A DOUBLE TOP AGAIN AT 16000 AND FALL BELOW 15000, THEN CONSIDER THE SECOND SCENARIO, THE TRICKY ONE IS THE FIRST AND THE LAST SCENARIO, SINCE IN THE FIRST SCENARIO WE DO MAKE MARGINALLY NEW HIGHS,THIS COULD TAKE US ANYWHERE BETWEEN 16200-16500, I GUESS WE HAVE TO TRADE THE FIRST AND THIRD SCENARIO WITH STRICT STOPLOSS, SINCE A CONVINCING BREAKOUT WITH HUGE VOLUMES ABOVE 16200 COULD ALSO TAKE SENSEX ABOVE 17000, AND TAKE US TO THE LIKELY 3RD BULLISH SCENARIO FOR THE SHORTERM. PREPARE YOURSELF. I AM MORE INCLINE TOWARDS THE SECOND SCENARIO WHERE WE MAKE MARGINALLY NEW HIGHS AND COMPLETE THE ENDING DIAGONAL TRIANGLE.