Question of the Week: 2/8/2022

When you compare the price and time of Waves, do you measure them from their structural starting point to their ending point OR do you measure from the lowest price point to the highest price point?

Answer:

This is a VERY important question that is NOT addressed by orthodox Elliott Wave but is covered under NEoWave.

PRICE: Normally, when applying Fibonacci price relationships to patterns, you want to apply them from the structural starting point of the pattern to its ending point.

TIME: Normally, when applying the Time Rules listed in Mastering Elliott Wave, you measure time from the highest to lowest price reached closest to the starting and ending points of the pattern involved.

Click here to view NEoWave's Question Of The Week archive

Need a Private Consultation?

At specific times each week, Glenn Neely is available to answer questions, provide guidance, and offer individualized advice. This is an opportunity to speak directly with Mr. Neely to address your unique situation, advance your understanding of markets, and hone your trading and forecasting skills.

Cost is $20/minute, with a 10-minute minimum ($200 minimum charge).
Your credit card will be charged after the call.

To schedule a consultation, please click on the "Request a Consultation" button below and fill out the Contact form. Our Sales Manager, Magelan Ferreira, will respond to your request to arrange a consult with Mr. Neely.

REQUEST A CONSULTATION

QUESTION OF THE WEEK

When you compare the price and time of Waves, do you measure them from their structural starting point to their ending point OR do you measure from the lowest price point to the highest price point?

Answer:

Need a Private Consultation?