The only possible internal relationship between wave (i) and wave (iii) , when when wave (v) extends is w(iii) = 1.618 w (i) , which is the case here . If internal relationship is there then
w(v) = 1.618 w(0) - w(iii) measured from the end of w(iv) , ie internal count and this is the case here .
Next question is where this impulse is the end of a larger w(3) or end of a larger w(5) .I am assuming this is the end of a larger w(3) since w(v) overshoots trendline drawn from the end of w(i) and wave (iii) , that means the extended w(v) is the steepest .
Depth of corrective waves - When an extended 5th corrects it gives 99% retracement and ends at previous w(iv) of one lesser degree . Normally w-x-y (double correction is common) and w-x-y-x-z (triple correction is rare) . Had a wave 5 of a higher degree was been corrected the correction would have taken lesser time that it took to form w(v) . In this case time taken is more , hence the assumption that it correcting a higher degree w(3) . It means the correction is over .
w(v) = 1.618 w(0) - w(iii) measured from the end of w(iv) , ie internal count and this is the case here .
Next question is where this impulse is the end of a larger w(3) or end of a larger w(5) .I am assuming this is the end of a larger w(3) since w(v) overshoots trendline drawn from the end of w(i) and wave (iii) , that means the extended w(v) is the steepest .
Depth of corrective waves - When an extended 5th corrects it gives 99% retracement and ends at previous w(iv) of one lesser degree . Normally w-x-y (double correction is common) and w-x-y-x-z (triple correction is rare) . Had a wave 5 of a higher degree was been corrected the correction would have taken lesser time that it took to form w(v) . In this case time taken is more , hence the assumption that it correcting a higher degree w(3) . It means the correction is over .
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
