XJO 0.10% 7,767.5 s&p/asx 200

thursday delight, page-176

  1. 17,444 Posts.
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    Farsight

    You asked what it means when wave C doeesn't exceed wave A.

    There is no such EW structure as such.

    It is either that C is subdividing and you have only seen 1 of C and are in 2 of C, OR what you think is B & C is in fact A & B of a flat correction upward with C upward to come.

    Either of those moves can also be 1 2 3 4 5 rather than ABC.

    The 5 wave means it is impulse while ABC means corrective.

    Hope that makes sense.

    I see patterns that don't conform so I no longer get fixed on them.
 
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