Simpleisbeautiful.

Can the EW wave 5 finished before 4 ?

FX:EURUSD   Euro Fx/U.S. Dollar
171 5 3
What do u think ? Please provide ur             answer?
JamesZhang
a year ago
what do you mean " before wave 4 " ?
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Simpleisbeautiful. JamesZhang
a year ago
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?
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skymtrader
a year ago
If you mean wave 5 stopping before breaking 3 then wave 5 is a truncated 5th and treated like double bottom...
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Simpleisbeautiful. skymtrader
a year ago
Thanks
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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.
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