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@Harris541Right now I'm reading a book called Market Wizards:...

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    @Harris541

    Right now I'm reading a book called Market Wizards: Interviews with Top Traders, and I can't find who said it, but there was one of the interviewees was saying to always be prepared for the extreme.

    One of the things with EW is to just expect what is most likely, and I believe this advance we're seeing is actually an extended fifth inside of a third wave which isn't common in stocks, so I just didn't account for it.

    I'm sure the end of this advance will align with some fib level somewhere, but at this rate it could be 2.618x, 3.618x a previous wave when the typical projection is 1.618x.

    I'm excited though, seeing 0.075 is insane. Will have to wait for a retrace before I can confidently make any analyses though.

    Also I really appreciate that you guys are interested in my analysis, it makes it a whole lot more fun
    Last edited by lg389: Was meant to reply to Harris' post. 13/04/21
 
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