{quote} Highly recommend Nick Radge or watch his video advanced Elliott wave theory. I see some Ellioticians correcting him but so far all that He explains i see happening in the market over and over again. And read Elliottwave basic.
- #7,489
- Edited 5:31am Mar 15, 2016 5:06am | Edited 5:31am
- | Joined Mar 2014 | Status: Trader | 1,798 Posts
- #7,493
- Mar 16, 2016 9:47pm Mar 16, 2016 9:47pm
- Joined Feb 2014 | Status: Trader | 1,796 Posts
USDJPY H1
USDJPY long term
USDJPY long term
Elliott Wave for optimum entry, exit and risk management of trades
As i know , labelling a segment with an W , Y , Z , or even Z , is only for connecting agent in same class segment
after a class segment properly calculated and final , elliottician must relabel it to get higher class segment
see this figure to get clearer picture
as we can see two ZZ's (black and red) with an x(green label), and after we assuming it as legit and final then we have to relabel it to ABC (blue) as a higher segment ZZ.
So if we still see a chart with such label then we can assume those charts is not final and legit yet.
my2c
after a class segment properly calculated and final , elliottician must relabel it to get higher class segment
see this figure to get clearer picture
as we can see two ZZ's (black and red) with an x(green label), and after we assuming it as legit and final then we have to relabel it to ABC (blue) as a higher segment ZZ.
So if we still see a chart with such label then we can assume those charts is not final and legit yet.
my2c
I Can be What I Will to be
