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myleogb

5,542 Posts.

794

01/11/21

13:11

Post #: 57229914
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Originally posted by W3hunter: ↑

A good way to trade the W3 breakout is with a 9 and 13 EMA rather than trying to guess the future wave count..
during wave 3 the 9 EMA stays above 13 EMA ..then eventually up near the top will be the big sell off bar which goes below the pair of EMAs this is the signal to sell the next lower high at 62%. (before the EMAs cross down)..that's generally how it unfolds.View attachment 3754838

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Gold, always something new to learn everyday.
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