-40% downside. Good Luck
Note
Statistics for Elliot Wave 4. Wave is related to Wave 3 by one of the following:Wave 4 = either 24% of wave 3
or 38% of wave 3
or 50% of wave 3
The 24% and 38% are the most common.
Retrace 24-30% of wave 3 only 15% of the time
Retrace between 30-50% of Wave 3 60% of the time
Retrace between 50%-62% of wave 3 15% of the time
Retrace more than 62% of Wave 3 10% of the time
Note
scary accurate.
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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.