wave 2 finished a 50 % wave 1
wave 3 finished at 2.618 retracement
wave 4 is a contractive and complex wedge a-b-c-x-a-b-c double zigzag, actually named WXY
wave 4 must not overlap wave 1 or the count is invalid. SL if buy below 0.8175
wave 5 will be around wave 1 long 296 pips. TP if buy after wave 4 finish (soon): 0.8200+.0296: 0.8500
wave 5 fail overcome wave 3. If this is true, a strong correction will happen until 0.7800
more info about elliott wave theory spanish blog
piensaenforex.blogspot.com.es/
wave 3 finished at 2.618 retracement
wave 4 is a contractive and complex wedge a-b-c-x-a-b-c double zigzag, actually named WXY
wave 4 must not overlap wave 1 or the count is invalid. SL if buy below 0.8175
wave 5 will be around wave 1 long 296 pips. TP if buy after wave 4 finish (soon): 0.8200+.0296: 0.8500
wave 5 fail overcome wave 3. If this is true, a strong correction will happen until 0.7800
more info about elliott wave theory spanish blog
piensaenforex.blogspot.com.es/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.