ELLIOTT WAVE HAVE 5 WAVE BEFORE DO HIS CORRECTIVE WAVE,
PGAS CURRENTLY IN WAVE 3 TO 4
ELLIOTT WAVE, WAVE 1 - 2 ALREADY VALID 0.618
ELLIOT WAVE, WAVE 2-3 VALID 1.618
WE HAVE TO WAIT THE SECONDARY REACTION OF WAVE 3 - 4 @0.382 AND WE CAN ENTER AT THAT POINT WITH BULLISH HARAMI CANDLESTICK (THE INSIDE BAR) OR HAMMER, ENGULFING WHATEVER IT IS FOR THE ENTRY
AND WAVE 4 - 5 LENGTH HAVE TO BE SAME WITH WAVE 1 - 2 (AB = CD)
WE CAN MEASURE WITH FIBONACCI EXTENSION (HARMONIC PRICE PROJECTION) FROM WAVE 0 = A - WAVE 1 = B , AND THE WAVE 4 = C WE CAN SEE THE PRICE WILL STOP AT 2185
AFTER REACHING THAT POINT SHOULD BE A CORRECTIVE WAVE
THIS IS A TUTORIAL OR A SIMPLE WAY TO KNOW OR USE ELLIOTT WAVE
NO POINT OF ENTRY!
JUST A LESSON FOR WAVE ANALYSIS
PGAS CURRENTLY IN WAVE 3 TO 4
ELLIOTT WAVE, WAVE 1 - 2 ALREADY VALID 0.618
ELLIOT WAVE, WAVE 2-3 VALID 1.618
WE HAVE TO WAIT THE SECONDARY REACTION OF WAVE 3 - 4 @0.382 AND WE CAN ENTER AT THAT POINT WITH BULLISH HARAMI CANDLESTICK (THE INSIDE BAR) OR HAMMER, ENGULFING WHATEVER IT IS FOR THE ENTRY
AND WAVE 4 - 5 LENGTH HAVE TO BE SAME WITH WAVE 1 - 2 (AB = CD)
WE CAN MEASURE WITH FIBONACCI EXTENSION (HARMONIC PRICE PROJECTION) FROM WAVE 0 = A - WAVE 1 = B , AND THE WAVE 4 = C WE CAN SEE THE PRICE WILL STOP AT 2185
AFTER REACHING THAT POINT SHOULD BE A CORRECTIVE WAVE
THIS IS A TUTORIAL OR A SIMPLE WAY TO KNOW OR USE ELLIOTT WAVE
NO POINT OF ENTRY!
JUST A LESSON FOR WAVE ANALYSIS
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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.
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.