bigrediska
Long

Bullish divergence.

NYSE:UPS   UNITED PARCEL SERVICE INC
39 7 0
Bigrediska
I love your charts and follow you but i did not think a wave 2 could be longer than wave 1.
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bigrediska morganj71
Thank you for the useful information. Usually I check whether the third wave is the longest? Now I will check that too.
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bigrediska bigrediska
I mean the shortest of course.
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morganj71 bigrediska
Bigrediska
I was asking about wave 2. I am not a veteran trader so it was more an educational question. Can wave 2 be longer or rise above wave 1?. I didnt think it could but maybe i was wrong. Just trying to further my trading knowledge
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bigrediska morganj71
In fact, it can be. The main thing here is this: if the wave consists of three parts - this means the correction. If five- this indicates the main trend.
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bigrediska morganj71
You are right. I mean may be higher, but cannot be longer.
Reply
bigrediska morganj71
You are right. I mean may be higher, but cannot be longer.
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