Question of the Week: 8/18/2022
How large can wave-C get in a neutral Triangle?
Normally, the limit is around 161.8% of wave-A but under extremely volatile markets, I'd allow up to 261.8%. If you allow wave-C to be 261.8% of wave-A, you must still make sure waves-B & D overlap and alternate with each other in as many ways as possible. In addition, waves-A & E should be similar in price or related by 61.8%.
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