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Elliott Wave - General

General

When an initial pump then dump happens, how do you know if its a 1-2 or A-B?

  • You must prepare by thinking the first impluse could be a 1 OR A, 2 OR B, and 3 OR C.
  • A C has a much lower target then a 3 (use fib extensions)

 

Wave 1

 



 

Wave 2

 



Wave 3

 



Wave 4

 



Wave 5

 



Wave A