Did you check my last post? I said we will experience 2 weeks of pullback/ consolidation before we take off again. Expect January 3rd to be the start.
Unrelated to how I predicted that, but still in correlation, I want to show how the new wave rule gives a map for the next few weeks to happen.
This large wave spanning almost the entire year is what I consider to be a 5th wave.
For every 5th wave, wave 4 must make new price territory (in the new wave rule)
From now on this explains what is happening inside the wave 5:
This helps wave 3 fit in to the rule that it can't be the shortest, and gives us a maximum target for wave 5 inside 5. But according to the new rule we haven't started wave 5. We are finishing wave 4.
Because wave 1> wave 3.
wave 5 !> 3 (Wave 5 cannot be greater than wave 3)
So now we have a range for wave 5. Once we begin to take off and we are sure its the last wave. We know where it has to go.
I'll let you know how I predicted the 7 weeks in 7 weeks time. If it becomes accurate. Still keeping that to myself.
Trade with care. Let's have a good 2017
Unrelated to how I predicted that, but still in correlation, I want to show how the new wave rule gives a map for the next few weeks to happen.
This large wave spanning almost the entire year is what I consider to be a 5th wave.
For every 5th wave, wave 4 must make new price territory (in the new wave rule)
From now on this explains what is happening inside the wave 5:
This helps wave 3 fit in to the rule that it can't be the shortest, and gives us a maximum target for wave 5 inside 5. But according to the new rule we haven't started wave 5. We are finishing wave 4.
Because wave 1> wave 3.
wave 5 !> 3 (Wave 5 cannot be greater than wave 3)
So now we have a range for wave 5. Once we begin to take off and we are sure its the last wave. We know where it has to go.
I'll let you know how I predicted the 7 weeks in 7 weeks time. If it becomes accurate. Still keeping that to myself.
Trade with care. Let's have a good 2017
Nota
It's the 3rd. I'm assuming this is the end of consolidation. Now we have a maximum for our target. 2435.7
Nota
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.