Disliked{quote} Oh yes, definitely. That wave 4 looks like mess much more than any EW structure. Plus I would not be suprised if it created some kind of tranctuation for wave 5 since we are just sitting on big resistence = June 2007 high. Maybe one "theoretical" question Dano12 - I see you use (or at least post) EW usually on price, which is not lower than H1 TF. It seems to me that the "messy moves" under H1 prevent from any reasonable Elliot wave analysis under H1. What is your opinion on that? Since I bet you have more exp.... you think it is anyhow...Ignored
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Be humble or be humbled.
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stay cool when trade begins
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- Edited 5:14pm May 31, 2015 4:28pm | Edited 5:14pm
"Tips are for waiters." - Reminiscences of a stock operator
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don't find the correct answer in market. just feel it and follow the wave.
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Money moves the market, not an indicator.