Elliott counting this way like some may suggest, Y R "WRONG"
You need another count here for a top if you are bearish.
Contracting diagonals always have a shorter wave 3 than wave 1 (in terms of percentage gain/loss)
Contracting diagonals always have a shorter wave 5 than wave 3 (in terms of percentage gain/loss)
Contracting diagonals always have a shorter wave 4 than wave 2 (in terms of percentage gain/loss)
Contracting diagonals always have a shorter wave 3 than wave 1 (in terms of percentage gain/loss)
Contracting diagonals always have a shorter wave 5 than wave 3 (in terms of percentage gain/loss)
Contracting diagonals always have a shorter wave 4 than wave 2 (in terms of percentage gain/loss)
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.