ok Monarch
- Now We see that you are talking long term -
Very, Very, - Long Term
I think where you labeled the End of Wave 3 on your chart
is actually a End of a Wave 5 of C - Longer Term .
Either way - we are looking for a bullish turnaround (over time )
That's the strength of Elliott Waves - It is a Contrarian Method of Trading .
Ellliott Waves is not a trend following oscillator system
and I have tried to explain this many times to traders -
Anyway , only time will tell now ...........
I'snt it great to have have forum like this to exchange ideas and thoughts ?..
- Now We see that you are talking long term -
Very, Very, - Long Term
I think where you labeled the End of Wave 3 on your chart
is actually a End of a Wave 5 of C - Longer Term .
Either way - we are looking for a bullish turnaround (over time )
That's the strength of Elliott Waves - It is a Contrarian Method of Trading .
Ellliott Waves is not a trend following oscillator system
and I have tried to explain this many times to traders -
Anyway , only time will tell now ...........
I'snt it great to have have forum like this to exchange ideas and thoughts ?..