Elliot Wave Truncation - Failed 5th Wave
- Elliott used the word “failure” to describe a situation in which the fifth wave does not move beyond the end of the third.
- Truncation gives warning of underlying weakness or strength in the market.
- Beginning of a new trend to the down side ?
- Truncation gives warning of underlying weakness or strength in the market.
- Beginning of a new trend to the down side ?
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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.