Every practitioner of Elliot wave theory knows that only one wave of the impulse undergoes wave extension; normally wave 3 undergoes wave extension for stock-markets.
However, a properly drawn extension can help identify end of the major wave is something not known to many.
Berger paint just concluded five waves with wave one extension. The chart identifies each of the sub-waves of the extension and shows how the fib- extension of sub-wave 0-3 to 4 help identify end of wave.
This has been a very helpful tool for me.
However, a properly drawn extension can help identify end of the major wave is something not known to many.
Berger paint just concluded five waves with wave one extension. The chart identifies each of the sub-waves of the extension and shows how the fib- extension of sub-wave 0-3 to 4 help identify end of wave.
This has been a very helpful tool for me.
ChartTheWave |
t.me/chartthewave
This channel is a common forum for "Elliott Wave Principle" enthusiasts, learners and practitioners. We aim to build a team of traders who practice EWP for common benefit; co-learn, teach, share, validate and benefit.
t.me/chartthewave
This channel is a common forum for "Elliott Wave Principle" enthusiasts, learners and practitioners. We aim to build a team of traders who practice EWP for common benefit; co-learn, teach, share, validate and benefit.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
ChartTheWave |
t.me/chartthewave
This channel is a common forum for "Elliott Wave Principle" enthusiasts, learners and practitioners. We aim to build a team of traders who practice EWP for common benefit; co-learn, teach, share, validate and benefit.
t.me/chartthewave
This channel is a common forum for "Elliott Wave Principle" enthusiasts, learners and practitioners. We aim to build a team of traders who practice EWP for common benefit; co-learn, teach, share, validate and benefit.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.