Elliott Waves – Theory, Analysis and ForecastsLoginRegister
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Develops wave ➄ of the impulse in the wave 3. In this case we have alternation between waves ➁ and ➃, wave 3 can make up 423.6% from wave 1 fibo-level (as well as waves ➂ and ➀ ratio ! ) and wave ➄ can stop at 162% level relative to the wave ➀.