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Strategies & Market Trends : Classic TA Workplace
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To: john722 who wrote (28106)1/15/2002 10:41:04 AM
From: velociraptor_  Read Replies (2) of 209892
 
If it was a 2nd wave, then it looks a bit large for the degree that it's in. Corrective wave structures tend to be of roughly similar size so for example, when you see a wave 4 that looks twice the size of your wave 2, then there might be an alternate count. Or if a corrective in wave 3 down looks much bigger than a corrective in wave 1 down...same thing as the correctives in each impulse wave, even though they are part of different waves, are all in the same degree and should be similar in size.
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