Correct Counting
Uppdaterad
Hi everyone.
As you can see in the chart, Wave A = $ 35400, what might this be? Motive phase (Wave 2, Wave 4)? or Corrective phase?
A More Realistic Wave Depiction:
1- Wave A= Wave X = Wave 2 (incorrect)
2- Wave A = Wave 4 (incorrect)
Wave 4 is related to Wave 3 by one of the following:
Wave 4 = either 24%, 38% or 50% of Wave 3
Wave 4 = 35400 -- 50%--> Wave 3 = 70800 (incorrect)
Wave 4 = 35400 -- 38%--> Wave 3 = 93157 (incorrect)
Wave 4 = 35400 -- 24%--> Wave 3 = 126428 (incorrect)
3- Wave A = Corrective phase (correct)
As a result: the "Corrective phase - Wave ABC" can be counted as complete
As you can see in the chart, Wave A = $ 35400, what might this be? Motive phase (Wave 2, Wave 4)? or Corrective phase?
A More Realistic Wave Depiction:
1- Wave A= Wave X = Wave 2 (incorrect)
2- Wave A = Wave 4 (incorrect)
Wave 4 is related to Wave 3 by one of the following:
Wave 4 = either 24%, 38% or 50% of Wave 3
Wave 4 = 35400 -- 50%--> Wave 3 = 70800 (incorrect)
Wave 4 = 35400 -- 38%--> Wave 3 = 93157 (incorrect)
Wave 4 = 35400 -- 24%--> Wave 3 = 126428 (incorrect)
3- Wave A = Corrective phase (correct)
As a result: the "Corrective phase - Wave ABC" can be counted as complete
Kommentera
market does not listen to your logic, it goes on its own wayKommentera
Kommentera
Kommentera
Related publications
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.