RGL 0.00% 0.4¢ riversgold limited

RGL- Elliott Wave 3 Target at 0.22, page-2

  1. 1,423 Posts.
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    EW a different beast on every chart, sometime what you may think ends up being something else, all the while you may be correct and 5 waves are completed for W1, most times is after the fact when the picture is complete can you affirm what wave is what and that W1 may be still going, using a line chart removing noise even changes what i thought was a corrective move ended up looking differently, EW oscillators confirm suspicions of w(iii) being the higher peak, W2 should technically retrace between 50-61.8%, a candle chart with wicks gives you this, line chart tell you it may be w(iv) either way the finish line is way higher imo.


    https://hotcopper.com.au/data/attachments/2325/2325405-32faa951568a3bcc6693ebee8616cd25.jpg


 
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