DislikedDue to sharp decline since May 2014 top, and the presence of a 5th wave extension (wave v) within wave (3), PA of EURUSD Daily would most likely be a larger complex 3 waves 3-3-5 correction (4) that takes it back to 61.82% retracement of (3). "The 5th Wave Extension is the only extended wave which should be consistently retraced more than 61.82% by the next wave of the same Degree no matter what part of a larger scale the 5th wave is. ..." Ref.: MEW Neely p. 10-10 {image}Ignored
- Joined Feb 2014 | Status: Member | 1,794 Posts
Elliott Wave for optimum entry, exit and risk management of trades
- Joined Feb 2014 | Status: Member | 1,794 Posts
Elliott Wave for optimum entry, exit and risk management of trades
- Joined Feb 2014 | Status: Member | 1,794 Posts
Elliott Wave for optimum entry, exit and risk management of trades
- Joined Feb 2014 | Status: Member | 1,794 Posts
Elliott Wave for optimum entry, exit and risk management of trades
- Joined Feb 2014 | Status: Member | 1,794 Posts
Elliott Wave for optimum entry, exit and risk management of trades
- Joined Feb 2014 | Status: Member | 1,794 Posts
Elliott Wave for optimum entry, exit and risk management of trades
- Joined Feb 2014 | Status: Member | 1,794 Posts
Elliott Wave for optimum entry, exit and risk management of trades