DATA LOOKS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the DATA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Neowave-data
Neo Wave Learner doubtWhat is the difference between projection overlapping and "obviously different in price and/or time" in NEO Wave? In Pre-Constructive Rules of Logic, Rule#1, Condition_b, Paraghraph_4, it states "If part of m2's price range is shared by m0 and m3 is longer and more vertical than ml during a time span equal to (or less than) ml and m(-1) is shorter than ml and m0 and m2 are obviously different in price or time or both and m4 (or m4 through m6) returns to the beginning of ml in a time period 50% of that consumed by ml through m3, a 5th Extension Terminal pattern may have completed with m3; add ":c3" to ml's Structure list."
Here, m0 and m2 should share price range, which means projection overlapping, at the same time, it is mentioned, m0 and m2 should be obviously different in price&/time.
Experts please help..
Also, Mr. Neely mentioned, "m1 is longer than m3" in few other places, does the length means, by means of distance between 2 price points or by means of time distance or should i consider a multiple..