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Strategies & Market Trends : CFZ E-Wiggle Workspace
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From: POKERSAM2/22/2013 3:21:08 PM
2 Recommendations  Read Replies (2) of 41533
 
I don't really understand the confusion. We dropped in five waves off the top and now we have retraced 50% in 3 waves. Five down and three up make a complete EW cycle. Next is five more down. What other EW pattern would contain 5 down 3 up without 5 more down?
Try looking at a 30 min. chart if you can't see it otherwise.
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