hthieuvn

ELLIOT ANALYSIS

FX:UKOIL   Crude Oil (Brent)
133 2 3
I think the 1-2-3-4-5 waves of this Elliot seems have some rules with Fibonacci. So I try to image the a-b-c waves in these rules. Hope you could find out my idea. Thanks for interesting.
Wave 3 must exceed at leas 1.618 Fibonacci extension of wave 1 and could go up to 2.618 Fibonacci extension or more.
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hthieuvn Gorbie
Thank you Gorbie for you helpful comment. This is really one of my valued lessons. Nice to meet you.
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