RE: Crypto Contest December 15: MaidSafeCoin

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Crypto Contest December 15: MaidSafeCoin

in maidsafecoin •  8 years ago 

You correct markup? Correction should go to the 4 wave

maidsafecoin
8 years ago by

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      ·  8 years ago 

    Correction should not exceed wave 1 low.

    A correct Elliott wave count must observe three rules:

    1. Wave 2 never retraces more than 100% of wave 1.
    2. Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
    3. Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.

    https://en.wikipedia.org/wiki/Elliott_wave_principle

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      5 votes