Elliott used the word “failure” to describe a situation in which the fifth wave does not move beyond the end of the third. We prefer the less connotative term, “truncation,” or “truncated fifth.” A truncation can usually be verified by noting that the presumed fifth wave contains the necessary five subwaves, as illustrated in Figures 1 and 2. Truncation often...
The flow. " Simple and easy. Three Drive Pattern on PA and RSI Weekly interval. Fibs Anticipation Market Structure.
The flow. " Simple and easy. Three Drive Pattern on PA and RSI Weekly interval . Fibs Anticipation Market Structure.