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ElliottWavePro
Mar 2, 2017 5:35 AM

Extension in the third wave (bullish) 

Australian Dollar/U.S. DollarFXCM

Description

Extensions are elongated impulses with exaggerated subdivisions.
More: tradingview.com/chart/aboutelliottwavetheory/
Comments
moneycat8
how do you determine what wave gets what degree of notation? can you do lesson on that?
asifrazzaq
you have an ending diagonal for wave 5.....price needs to have a good retrace if that is the case.
ElliottWavePro
@asifrazzaq, hi! exactly wave 5 could be a diagonal triangle. however, a form of wave 5 (impulse or diagonal triangle) has nothing with how long and deep the coming correcting is going to be
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