DislikedHi,
I attached one chart, which confused me a lil bit. Basically is there anyway we know it's already at the end of fourth wave? And if you're free, can you give more example (chart) and explain more about this AO and fractal maybe Thanks!Ignored
Generally speaking, Wave 4 probably shouldn't retrace wave 3 more than 50% (typically 38.2%).
Here's something from http://en.wikipedia.org/wiki/Elliott_wave_principle:
"Wave 4: Wave four is typically clearly corrective. Prices may meander sideways for an extended period, and wave four typically retraces less than 38.2% of wave three."
Hopefully that made some sense.