avenezh63

ELLIOTT WAVES

avenezh63 Updated   
FX:EURUSD   Euro / U.S. Dollar
Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1
• Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2
• Wave 4 is 14.6%, 23.6%, or 38.2% of wave 3 but no more than 50%
• There are three different ways to measure wave 5. First, wave 5 is 61.8%, 100%, or 123.6% of wave 1. Second, wave 5 can be measured as 23.6%, 50%, or 61.8% external retracement of wave 4. Third, wave 5 is 61.8% of wave 1-3
Comment:
wave 2 green = 85.4 % of wave 1 =1.1738
wave 3 green=
261.8% 1.212
200% 1.203
161.8% 1.1974
Comment:
wave 3 green=
261.8% of wave 1-2 = 1.212
200% of wave 1-2 = 1.2030
161.8% of wave 1-2 = 1.1974
Comment:
prtice not hit 161.8% of wave 1-2=1.1974, so we have not wave 3 but we have ABC correction
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