I really like the community on trading view. This is my first public post and analysis. please help point out the flaws. I know wave 3 is not supposed to be the shortest wave, and also point 4 cannot go lower than one, but not sure how to measure the length of each wave? Is it percentage based from the previous low. So if wave 1 after abc correction is 300%(according to measuring tool) then wave 3 has to be more than 300%? This is my first attempt at Elliot Waves and fib extension.
Kommentera:
so far so good