CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (28883)	7/5/2018 7:01:28 PM
From: POKERSAM	Read Replies (3) of 41496

ski Yes it is fine. As I have said the e wave of a triangle either overshoots or undershoots. The key here is that the overshot did not enter the territory of 1. If that should happen then we have an EWP rule break and the count will have to change to accommodate it. I do not, of course, expect that to happen. See the red line on this chart from my forum. One of the great things about EWP is you know what cannot happen as well as what will probably happen. EWP increases your forecasting ability commensurate with your knowledge of it and experience using it. IMO Without it you are left to hoping and guessing. Of course there are other indicators that increase the odds of your guess being right. Note the two indicators on the chart.

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