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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: POKERSAM who wrote (19317)12/1/2014 7:48:32 PM
From: pedro_deleon  Read Replies (2) of 41419
 
I won't speak for Ray, but here's what it tells me: absolutely nothing.

One -- You don't specify the degree that you are claiming to be impulsive.
Two -- In any event, impulsive wave structures lie within larger corrective moves. So showing impulses at one degree says nothing about the next higher degree.

On the chart shown, I could easily discern a 5 wave A down, then a triangle B wave.
If we get the C down, even in five waves,

ITS A CORRECTION at the larger degree.

Note that I said "could" and "If .."

All we can surmise is that we should get another fiver down. Nothing more.
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