XJO 0.81% 7,971.6 s&p/asx 200

monday trading, page-33

  1. 1,374 Posts.

    wave 4 has a similarity close to wave 2...

    it could be an extension as well (wave 4 an
    extension of wave 2)...

    ive been noticing on the web a very loose
    interpretation of 'alternation' of corrective
    wave forms...

    for my money the consolidation corrective
    pattern, i like to see two highs and two lows
    (minimum) which can either be 'rising' or falling'...
 
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