FX:ITA40   FTSE MIB index of Italian listed shares
116 2 2
Here we can trade for two targets

(1) 100% extension of wave A.
(2)161.8% extension of wave A.
guidoisot
2 years ago
how or why do you accept the wave 2 flat as a wave 2 even though it has two highs higher than the top of wave 1?
thanks.
Reply
Sandeep_Gupta
2 years ago
I myself is doubtful of second wave, though running flats are possible at second wave. The another fully revised setup is attached
Another fully revised version of ITA40
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