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?


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.

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