The Major Wave 3 was a normal wave so we should expect an extended 5th wave. which would extend 100% of the move from start of Major wave 1 to the end of Major Wave 3
Comments
OdoFx
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hello
i'd like to ask you if you have analyzed also main wave 4 in details ,please.
i tried it several times but still ending in first third... then i am not able to find combination of patterns :)
thanks
Vostiothenjo
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Ok lets zoom in at main Wave 4 and see what information the charts are giving us. Loading...
OdoFx
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much apprecaite your time and help. but unfortunately i dont see it in chart whn i zoom it
Vostiothenjo
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No problem my brother.
Vostiothenjo
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Vostiothenjo
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We are in the initial stages of an extended wave 5 which will travel 100% of the move from start of wave 1 to end of wave 3. having your stops above end of corrective wave 4 and your take profit at 100% extension of this would be an excellent trade setup. It is this big trades that builds our accounts.
OdoFx
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thanks a lot. you opened my eyes. i was still looking for ZZ's in descendending triangle :)
thanks once again!
i'd like to ask you if you have analyzed also main wave 4 in details ,please.
i tried it several times but still ending in first third... then i am not able to find combination of patterns :)
thanks