just a thought.
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DislikedHi pkimnyc,
I might be wrong, anyway thanks for the feedback.
I will double check my wavecount for this extended wave 5..Ignored
DislikedHi pkimnyc,
I believe, in some special cases wave 5 can be longer than wave 3, we call it as extended 5th wave. Pls refer figure 4-4 in the attachment..
Pls correct me again, if still i miss something.
This diagram is copied from Marketwavez post from other forum.
..Ignored
DislikedHi pkimnyc,
I believe, in some special cases wave 5 can be longer than wave 3, we call it as extended 5th wave. Pls refer figure 4-4 in the attachment..
Pls correct me again, if still i miss something.
This diagram is copied from Marketwavez post from other forum.
..Ignored
DislikedThis is correct
Wave 3 is usually the longest but this is not a strict rule.
5th extended wave mostly occur at lower TFIgnored
The rest are guidelines, some strong but with rare exceptions, others are common or highly probable.
If rule 2 is broken, based on line values, not wicks on candles, then the impulse wave is a diagonal triangle - typically a termination, with the rare exception of a leading diagonal triangle.
DislikedThe rule is that: the 3rd wave can never be the shortest impulse wave compared to 1 or 5.
There are only 3 rules:
- wave 2 NEVER goes beyond the start of wave 1
- wave 4 NEVER overlaps wave 1
- wave 3 is NEVER the shortest impulse wave compared to 1 or 5.
The rest are guidelines, some strong but with rare exceptions, others are common or highly probable.
If rule 2 is broken, based on line values, not wicks on candles, then the impulse wave is a diagonal triangle - typically a termination, with the rare exception of a leading diagonal triangle.Ignored
DislikedGpb/Jpy
Close The Gap ? .............. !
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