Wave analysis fan club - page 30
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or v of [iii] - 0.6 of (iii) - then go into the fourth correction right now
It appears to me that the 5-wave, takes the form of a Finite Diagonal Triangle, which one, I do not specify, as the 4-wave has not finished forming. After its completion, without breaking the critical level of 1.4775, the pair will start rising, like the 5-wave, which may or may not hit the High. After that, the decline of the pair should start, like the 3-wave pattern, i.e. changing the long-term growth into a long-term decline. Those are my expectations.
My expectations
There is the option of a triangle in the fourth, but in that case it should be oh-so-big
The fourth, according to EWA, very often just breaks the current channel.
Hello! Yes it is, but breaking through the trend lines of the 3rd wave is one thing, and breaking through the trend lines of the whole wave is another. i.e. the lines drawn at the points of the beginning of the first and third waves.