BTCUSD H1 Bottoming of impulse wave c of (4) image

image Author's warning about reading this section of the book. MEW 3-33 My understanding is to read the later chapters before coming back to Chapters 1-3

image image If wave counts of different time-frames (preferably whole track) are accounted for, the present wave count is self-evident and there's no need for an alternative. What I mean is: Instead of wasting time making up alternative wave ...

XEC/USDT is on radar to go long near 0.00004 say early next month. image

R.N. Elliott called the Alternation between waves 2 and 4 within impulse waves a set of rules, proposing that will happen all the time and anywhere. However, he did not expand too much about it. Interpretations of EW including the earlier EW ...

MEW Glenn Neely the number ONE EW text book.

Same for me, I had rough times figuring out which Elliott Wave guidelines really works in markets or which interpretation of EW works. Now, I only use the ones that work in all time frames.

It's alright to say wave 4 overlaps wave 2 in wave A and in wave B. However, both wave A and B of corrections are corrective with a-b-c (3-3-5), only the c waves have five waves that gives rise to the overlapping of wave 2 and 4.

You are heading in the right direction........

That's a very good question? One of the well known Elliott Wave Rules is that 'wave 2 and wave 4 of an impulse wave NEVER overlaps'. It is a hard and fast rule that most Elliotticians stick by and is very true in market situations concerning impulse ...

EURUSD M15 Holding long

USDJPY H4 Downside potential

EURUSD M30 Update and setting up for mid-term longs

EURUSD M15 Still tracking it to the bottom at a lower low

EURUSD H1 Catching the bottom of a corrective decline wave b

USDCAD H1 Expecting the completion of wave b at a lower low and the reversal on wave c

AUDUSD H1 Trending down on an a-b-c zigzag wave v of expanding diagonal [c], looking for a lower low.

Retracing on a wave b correction

BTCUSD H2 Developing the wave c of correction [iv]

Aussie dollar is ready for a dive on the M15 chart