I've never heard this rule that Wave 2 must correct more than 50% of Wave 1. The rule of wave 2 I've heard is that it can't correct more than 100%. I do find that in crypto markets that wave 2 often corrects very deep however.
RE: BTC - daily update 2018-07-25
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BTC - daily update 2018-07-25
You may search google and you will find out about Fibonacci and the relationship to Elliot wave. For our premium members I did some basic education in this a few days ago.
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I have been a premium member for the last 2-3 weeks and I am impressed. I have studied Eliott Wave but I've never heard this one. I guess I'll continue to search.
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Sounds great! Welcome! It’s always good to educate and study! :-) the learning never ends ;-)
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