Hi,
A noob question: The blue EW count in the second picture has wave 3 as the shortest, How is that possible ?
would appreciate an answer <3
RE: Bitcoin (BTC) Mid-Day Update: H&S Neck Line Breached
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Bitcoin (BTC) Mid-Day Update: H&S Neck Line Breached
Good question whaaatoh..and good eye...it is possible only in a leading or ending diagonal where wave 4 also moves into wave 1 territory..in my experience leading diagonals are more common in crypto which haejin brought to my attention long ago...hope this helps friend
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Thanks <3
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Read my response below whaaatoh...don't listen to anyone ...read for yourself..do your own research friend
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You are wrong! There cannot be a leading diagonal in an abc! This count is incorrect
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I feel bad for your readers
Elliott Wave Principle figure 1-20 page 40 taken from Ralph Elliotts's writings ..go back to school friend
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5>3>1 by my reading. Agree 3 and 1 are close.
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How I Measured.
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My guess is that his count is correct only he "missed" to place the numbers in the correct places. 3rd wave is the longest if you put it almost at the end of the chart, then the 4th one is the shortest.
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