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UnknownUnicorn39812589
Oct 10, 2022 4:22 PM

How to define the end of a correction based on time - EW Education

Bitcoin / U.S. dollarBitstamp

Description

Hi EW Fans,

made you a CheatSheet how to define the end of a correction based on time. If you are sure about the start of a wave/impulse you can very easy define a possible time "vector" for the end of the correction.

Start of the impulse = Zero
Top of the impulse = 0.382

End of the correction at the common Fib numbers: 0.681/0.65; 0.89; 1; 1.272; 1.618 and so on.

If you combine it with a Fibonacci Retracement Tool (LogScale) you are able to define a price and time "vector" for a possible reversal or for the next impulse/wave.

Greetings
Comments
SwallowPremium
Very quality chart, thanks for your amazing job!!
UnknownUnicorn39812589
yw
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