I think I've noticed some fractals, what you guys think of it? could we be ungergoing the first major abc correction now?
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I think I've noticed some fractals, what you guys think of it? could we be ungergoing the first major abc correction now?
it looks like we might be forming a triangle right now that would end the correction and bring us to the next wave 1. I would recommend to set up your buy ladders if you were planning to buy in, best of luck!
Any idea what the top of wave 3 looks like? is it 32 cents?
that's a hard one, I couldnt bring up that target yet until we are actually forming wave 3, at this point I would be starting to count the subwaves and could evantually give you an answer on that. Maybe in the books about EW that @haejin suggested I will find the answers about how to project the next complete advance but yet I'm only summarizing his tutorials and practicing it.
Why do you even bother about wave 3? I would prefer to aim towards wave 5 for taking profits
thanks. Yeah I am trying to calculate myself and looks between 32 to 35, just looking for confirmation. Have been referring to:
http://www.prognosis.nl/support/faq/principle/principle3.html
All I know is this rocket is ready to blooooowwww.
Thanks for the reply :D
nice, thank you for the reference :-) I believe in this baby as well, I wish you best of luck with it and with your studies!
Would be awesome if you could publish your counts so we can discuss them which should be a great learning effect for all of us :-)