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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: jaker who wrote (8874)10/9/2008 2:25:17 PM
From: rayrohn  Read Replies (1) | Respond to of 41426
 
lol not sure if u should ask me about how to chart an e-wave triangle ...



I probably have the top line to far extended

and I not making any bets which way it breaks lol



To: jaker who wrote (8874)10/9/2008 3:06:15 PM
From: Galirayo  Respond to of 41426
 
In a Down Trend your A needs to be moved forward to where the B is normally ..

Otherwise you'd need to count it as 1 , 2 , 3 etc.

Someone correct me if I'm wrong.

Ski mentioned Triangles like to occur in a 4th wave or a B.



To: jaker who wrote (8874)10/9/2008 3:45:32 PM
From: skinowski  Respond to of 41426
 
In EW a triangle is usually a continuation pattern, not reversal. Wave "A" of a triangle is a "reaction" wave. It cannot be the extreme from which the triangle originates. Also, of course, you recognize a triangle by the fact that each wave is a "three-waver".



This is a very decent source - check sections preceding and following this one.

elliottwave.net


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