Simpleisbeautiful.

Can the EW wave 5 finished before 4 ?

FX:EURUSD   Euro Fx/U.S. Dollar
173 5 3
What do u think ? Please provide ur             answer?
I think someone already answered you about this. The answer is yes. The 5th wave can end before 4. If it does this, then it is a truncated 5th wave.This is what you see many times in a double top or double bottom. But in order for it to be a valid truncated 5th wave, that 5th wave still maintain all the characteristics of an impulse wave....meaning that it must still have 5 subwaves.
Reply
If you mean wave 5 stopping before breaking 3 then wave 5 is a truncated 5th and treated like double bottom...
+1 Reply
Thanks
Reply
what do you mean " before wave 4 " ?
Reply
First of all sry for my poor English. See the waves in the blue color. Wave 5 stopped without breaking point 3? Is this scenario possible ? Now clear?
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out