Impulse-Correction-Impulse
According to the elliot wave theory impulse is always followed by correction.
Impulse is made of five waves (12345),
Followed by correction with three waves (ABC).
Our 5th wave comes to its final destination at 61.8fib boarder.
conclusion: selling correction at 61.8(1.1800)
{Updated version}
Regards,
Impulse is made of five waves (12345),
Followed by correction with three waves (ABC).
Our 5th wave comes to its final destination at 61.8fib boarder.
conclusion: selling correction at 61.8(1.1800)
{Updated version}
Regards,
Trade active
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Related publications
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.