If wave-1 turns out to be or is believed to be the longest wave in the sequence the second
wave cannot retrace mush more than 38.2% of the first wave. If the first wave is not longest wave the lowest
point of wave-2 can retrace as much as 99% of wave-1.
wave cannot retrace mush more than 38.2% of the first wave. If the first wave is not longest wave the lowest
point of wave-2 can retrace as much as 99% of wave-1.
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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.