DislikedUpas,
a C-Wave is never corrective. It is an motive wave by nature. But when market thinks, that the correction (the ABC) might be overdone, the C-wave impulse can evolve as an ending diagonal, which is an impulse (motive) wave but structure is corrective in form of ABC moves in normally each of the 5 waves
Read my post again. It stated clearly, that when you intended to count it as an ending diagonal
a) 4 and 1 can overlap
and
b) you should say it in your chart that you think it is an diagonalIgnored
- #6,108
- Edited 1:00am Nov 6, 2011 12:12am | Edited 1:00am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #6,113
- Nov 6, 2011 6:39pm Nov 6, 2011 6:39pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #6,119
- Nov 6, 2011 7:54pm Nov 6, 2011 7:54pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #6,120
- Nov 6, 2011 7:58pm Nov 6, 2011 7:58pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!