 |
|
See how NEoWave can
help you significantly add to your personal wealth and bottom line.
|
 |
|
|
|
 |
Question Of The Week - 3/17/2010 |
|
|
 |
Question:
Twenty-years (20) after Mastering Elliott Wave, do you still mantain that the 0-2 and 2-4 trendlines should not be violated by any leg of wave-3?
|
Answer:
When it comes to standard (trending) Impulse patterns (5-3-5-3-5), the answer is YES. When it comes to Terminal Impulse patterns (3-3-3-3-3), it is an entirely different story. Terminal patterns are composed of five corrections strung together to form the last impulsion of a larger formation. Because Terminals are conclusionary patterns, the 0-2 and 2-4 trendlines ARE allowed to be broken during the formation of wave-3. Such breaks can even occur more than once during wave-3's formation.
|
|
 |
Security & Privacy |