As clear as day, there are two modes of wave development: motive and corrective,
Scenario No.1 (Corrective Waves- Waves Personality : Wave B > 50% of wave A)
As you know, there are five types of corrective patterns:
1-Zigzag (Wave B = 50% -85.4% of wave A),
2-Flat (Wave B = 90% -123.6 of wave A)
3-Triangle :)
4-Double three (Wave B (wave X) = 50% -85.4% of wave A (Wave W)),
5-Triple three (Wave B (wave X) = 50% -85.4% of wave A (Wave W)),
Game Over, Man!
Do not force an Elliott Wave count when there is no count that meets the guidelines. The only choice left is
Scenario No.2 (Motive Waves)
Yeah, that's for sure.
Comment:
Comment:
Exchange Liquidations: 84.03% Short
