Sometimes waves don't make sense, even after I have labelled them I sometimes get a sense that I may have overcomplicated the count.
This is why labelling waves is an evolving process.
We are all aware that Wave (C) of Wave B is much longer than Wave (A) but that doesn't mean it cannot be even longer.
Just follow the process and use your logic and consider these measurements as guidelines rather than rules.
Use a whole bunch of charts such as the US Dollar and other Cryptos to get a feel for the kind of moves we can expect.
Refer to the US Dollar idea I posted earlier for some explanation about this.
I have also posted other related ideas down below in related ideas so that you can see the evolution of the counts.
Don't be afraid to be wrong, just make sure you find out why you're wrong and correct the count in a timely manner.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
This is why labelling waves is an evolving process.
We are all aware that Wave (C) of Wave B is much longer than Wave (A) but that doesn't mean it cannot be even longer.
Just follow the process and use your logic and consider these measurements as guidelines rather than rules.
Use a whole bunch of charts such as the US Dollar and other Cryptos to get a feel for the kind of moves we can expect.
Refer to the US Dollar idea I posted earlier for some explanation about this.
I have also posted other related ideas down below in related ideas so that you can see the evolution of the counts.
Don't be afraid to be wrong, just make sure you find out why you're wrong and correct the count in a timely manner.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
