LESSON - FIBONACCI LEVELS AND ELLIOTT WAVE
Added 2024-08-10 13:33:45 +0000 UTCWave 1 sets the first level
Wave 2, pulls back in 3 waves and aims for the 0.618 Fib
Wave 3 target uses the height of Wave 1, the low of Wave 2 and the extended Fib of 1.618 to find Wave 3
Wave 4, pulls back in 3 waves and aims for the 0.38 Fib, of the total length of Wave 3.
Wave 5, can usually be the length of Wave 1 but can go extended.
Comments
Loved it, Do you mind making a video with examples? only if it does not take too much of your time.
laksh_me
2024-08-12 06:38:10 +0000 UTCSo when you say wave 3 = wave 1 * 1.618 do you mean it's 1.618 extension height? In other words if bottom of wave 2 was as an example 61.80 then the top of wave 3 would be 161.8 + 61.8 or 223.6?
Denis Forget
2024-08-11 23:21:32 +0000 UTCCrystal clear!!! 🙏🏻
Federico Salerno
2024-08-10 22:21:39 +0000 UTCawesome!
JessyyRabbit
2024-08-10 17:26:56 +0000 UTCThis is a great. Is there one similar to the ABC pullbacks?
GetEmEarly
2024-08-10 14:35:33 +0000 UTCIs SPY in wave 4 right now?
Bobby Koneru
2024-08-10 14:26:56 +0000 UTCI was just getting to this chapter in my reading, "EW made simple". Thanks Cpt.
Brian
2024-08-10 13:42:25 +0000 UTC
