EURUSD - Trends, Forecasts and Implications (Part 2) - page 423
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For the euro, I see this as the main option
.
Cancelled if we break the 1.2917 level....
Contingency for breach of 1.2917.....
For the euro, I see this as the main option.
Cancelled if we break through 1.2917....
can the second wave of an impulse be a triangle?
Agreed. But still looking south....
can the second wave of an impulse be a triangle?
Why not? It can be a triangle and an inverse triangle and a zigzag. The main thing is not which shape, but the rule of alternation.
On the euro as the main one, I see this option.
Cancelled if we break the level of 1.2917....
Elliott waves are nicely drawn. If programmatically, what program ? If it is not a secret, of course.
Respectfully.
Elliott waves are nicely drawn. If software, what program? If it is not a secret, of course.
Respectfully.
I haven't come across such a rule. Perhaps you are marking waves according to Neely? But I'm not familiar with his rules.
Furthermore, as I recall Elleot, a triangle is a trend continuation figure and appears in an impulse wave as the second OR fourth sub-wave.