G79 0.00% 2.7¢ goldoz limited

W3hunter, what scan do you run to identify first leg in the 5...

  1. 1,683 Posts.
    W3hunter, what scan do you run to identify first leg in the 5 wave structure as apposed to any rising price. Is it rising price and volume. I have read constance brownes book on Elliot Wave and don't quite get it in real life chart analysis. I can see it after the fact as many would. So is it something like watching for the 5 smaller waves in wave 1 and then waiting for wave 3?

    Cheers
 
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