Assalamualaikum and Hi traders!
I'm still on the idea of wave 5 extension.
Quick knowledge sharing on Elliott Wave Principle.
The reference for this idea is based on EW guidelines on impulse wave.
Motive Wave Multiples
-----------------------------
(Impulse Wave Guidelines)
When wave 5 is extended, expect wave 5, in price terms, to travel 1.618 times the net distance traveled of waves 1 through 3.
Happy Trading!
I'm still on the idea of wave 5 extension.
Quick knowledge sharing on Elliott Wave Principle.
The reference for this idea is based on EW guidelines on impulse wave.
Motive Wave Multiples
-----------------------------
(Impulse Wave Guidelines)
When wave 5 is extended, expect wave 5, in price terms, to travel 1.618 times the net distance traveled of waves 1 through 3.
Happy Trading!
أغلقت الصفقة: تم الوصول للهدف
Positive development on the fifth wave.
منشورات ذات صلة
إخلاء المسؤولية
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.
منشورات ذات صلة
إخلاء المسؤولية
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.