[EW COURSE] RATIO ANALYSIS (impulsive)

Sequence of Impulsive Waves (12345 bullish). These are 8 Fibo/Ratio we use in our analysis/setup.

From a technical point of view (guidelines), traders try to:

=> take Long Position on Wave 2 (38%/61.8% W1)
=> and Stop below Wave 1 (close bar)

=> take Long Position on Wave 4 (38%/50% W3)
=> and Stop below Point 1 (close bar)

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GLOSSARY