Dislikedi still dont understand why "59" (AB59). what does "59" stand for specifically?

by the way, thanks for sharing the EW notes, vincyIgnored

9= 48 goods weeks / 5 = 9.5

also 5.9...

5 days becoz maximum prof trader avoid to trade on Friday ..

here is more

[IMG]file:///C:/DOCUME%7E1/home/LOCALS%7E1/Temp/moz-screenshot.png[/IMG][IMG]file:///C:/DOCUME%7E1/home/LOCALS%7E1/Temp/moz-screenshot-1.png[/IMG][IMG]file:///C:/DOCUME%7E1/home/LOCALS%7E1/Temp/moz-screenshot-2.png[/IMG]

Wave 2

=====

- Wave 2 must retrace Wave 1 by a minimum of 20%

- Wave 2 is usually >50% and <162% in time of Wave 1

Wave 3

=====

- There is no minimum time constraint for Wave 3,

its absolute maximum time limit is 7 times Wave 1

Wave 4

=====

- Expect the time taken by Wave 4 to be between 100% - 270% of the time taken by Wave 2.

Wave 5

=====

- The minimum time for Wave 5 is 10% of Wave 4

- Wave 5 must move by price more than 70% of Wave 4

- The maximum movement of Wave 5 is six times Wave 3 in both price and time.

- Wave 5 has no minimum time constraint

- The maximum time for Wave 5 is 5 times Wave 3

ZigZag

=====

- Wave C must be less than 5 times Wave B by price

- Wave C must be no more than 10 times either Wave A or B in price or time

- The time taken by Wave B is usually between 61.8% and 161.8% of the time taken by Wave A.

Flat Rules

=======

- Wave C must be no more than 10 times either Waves A or B in price and time.

- Wave C must be no more than 10 times either Waves A or B in price and time. There is no minimum time constrains for Wave A.

- The time taken by Wave C is generally between 61.8% of Wave 1 to 161.8% of the shortest of Waves A and B

Diagonal rules

==========

- The time taken by Wave C is generally between 61.8% of Wave 1 to 161.8% of the shortest of Waves A and B

- The minimum time for Wave 5 is 10% of Wave 4. The maximum time for Wave 5 is 5 times Wave 3.

Expect the time taken by Wave 4 to be between 20% and 5 times Wave 2.

Triangle rules

==========

- In a CT, the maximum time for Wave E is 4 times Wave C

- The maximum time for Wave D is 4 times Wave C.

Double and Triple ZigZag

=================

- Wave Y must be no more than a factor of 5 times either

Wave X or W in price or time

- Wave Z must be no more than a 5 times either Waves XX, Y, X or W in both price and time.

- The time taken by Wave X is usually between 61.8% and 161.8% of Wave 1.

- Wave Y is next most likely to be equal to 61.8% or 161.8% of W by price.

- Expect the time taken by Wave Y to be between 61.8% of Wave W and 161.8% of shortest of Wave W and X.

Double and Triple Sideways

===================

- Although there is no minimum time for Wave X, the maximum time is 10 times the time taken by Wave W

- Wave Y must be no more than 5 times either Wave X or W in price and time

- Wave Z must be no more than 5 times either Waves XX, Y, X or W in price and time

from daily fx

DRAGON-TECHNICAL ANALYSIS!