albertos
Short

USDCHF tracks fibonacci impulsive wave 5

FX:USDCHF   U.S. Dollar/Swiss Franc
132 8 5
tracks fibonacci impulsive wave 5

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dojitrader
a year ago
Was wondering . . .
Assuming you are using "classic" Elliott Wave:
How do you resolve the broken rule of wave 4 can never enter the
price area of wave 1 in an impulsive move ?
Thanks for your thoughts !
Wishing you loads of pips in your pocket !!!!!!!!
Reply
IvanLabrie dojitrader
a year ago
It can only in a terminal impulse...ending a corrective structure. The terminal impulse is itself corrective.
Classic, Neowave, I don't think anyone out there allows wave 4 to meet with wave 1 outside of ending diagonals or other terminal formations.
Reply
dojitrader IvanLabrie
a year ago
Not sure I understand ----
If ending diagonals are terminal/corrective structures, which of course, implies
at least a temporary change in trend, , , how can this be an impulsive - trend continuation
in this case at the beginning of the move as this
chart is showing to the downside ?
OR, is this something special to Neowave ?
Reply
IvanLabrie dojitrader
a year ago
It can't, I'm agreeing with you. :)
Reply
albertos IvanLabrie
a year ago
Ivan but you comments all the cards, your counting and 'wrong. bye thank you
Reply
IvanLabrie albertos
a year ago
I didn't understand that, sorry.
Btw, how does your strategy here work? Results seem to be good.
Reply
albertos dojitrader
a year ago
ah thanks pip count of the waves from the price 'high.
The descent and 'impulsive
Reply
albertos
a year ago
How and 'arrived the price now?
Reply
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