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Most recents (3)
May 21st 2023
Read 5 tweets
Thread On EW motive waves.
With the Help of Rsi its very easy to Label the Motive waves
When Rsi is in the oversold territory making a postive divergence that price point can be the start of Wave 1.
Wave 1 always a 5 wave structure 5-3-5-3-5
In leading diagonal 3-3-3-3-3.
(1/5)
With the Help of Rsi its very easy to Label the Motive waves
When Rsi is in the oversold territory making a postive divergence that price point can be the start of Wave 1.
Wave 1 always a 5 wave structure 5-3-5-3-5
In leading diagonal 3-3-3-3-3.
(1/5)
Wave 3 is the strongest,Longest& fastest Wave
After the correction in wave 2, the 3rd wave Breaks out
The economic and fundamentals news is mostly negative and almost everyone is Bearish
Wave 3 Retraced 1.618 of wave 1 anything above 1.618 extension called as Extended wave 3
2/5
After the correction in wave 2, the 3rd wave Breaks out
The economic and fundamentals news is mostly negative and almost everyone is Bearish
Wave 3 Retraced 1.618 of wave 1 anything above 1.618 extension called as Extended wave 3
2/5
Wave 3 Always heats up the Rsi and Rsi remain in the overbought zone most of the times in wave 3.
Mostly Gap Up usually seen in wave 3 and also we witness the price rise with good volumes. (3/5)
Mostly Gap Up usually seen in wave 3 and also we witness the price rise with good volumes. (3/5)
Apr 9th 2023
Read 6 tweets
A thread on EW Corrective waves…!!
*Zig Zag ABC Correction..!!
*Flats ABC Correction..!!
*ABCDE Correction..!!
*WXY Correction (Double Combo)
*WXYXZ Correction (Triple Combo)
(1/6)
*Zig Zag ABC Correction..!!
*Flats ABC Correction..!!
*ABCDE Correction..!!
*WXY Correction (Double Combo)
*WXYXZ Correction (Triple Combo)
(1/6)
Zig Zag correction is a Combination of 5-3-5 waves
5 wave down 3 waves up and again 5 waves down. (2/6)
5 wave down 3 waves up and again 5 waves down. (2/6)
ABC flat correction is a combination of 3–3-5 waves
There are three types of flat
Regular flat is when C ended where A ended
Expanded Flat is B goes above the start of A
Running Flat is when Wave C fails travel the full distance, falling short of the level where wave A ended 3/6
There are three types of flat
Regular flat is when C ended where A ended
Expanded Flat is B goes above the start of A
Running Flat is when Wave C fails travel the full distance, falling short of the level where wave A ended 3/6
Jun 2nd 2021
Read 16 tweets
🧵🧵VA HILO🧵🧵 va hilo de como usar
FIBONACCI + ELLIOTT para trazar objetivos de las distintas ondas ... espero que les sirva mg y rt mas que agradecido.
DENTRO HILO👇👇
FIBONACCI + ELLIOTT para trazar objetivos de las distintas ondas ... espero que les sirva mg y rt mas que agradecido.
DENTRO HILO👇👇
Primero quiero aclarar que los objetivos de Fibonacci que vamos a ver para las distintas ondas son guías y no reglas , lo que significa que si la guía no se cumple no pasa nada , las reglas de las estructuras no se pueden romper por eso son reglas (espero que se haya entendido😉)
ahora si empecemos:
la onda 1 es la que se utiliza como proporción para las ondas siguientes para estimar sus longitudes.
a continuación veremos los ratios para las ondas 2,3,4,5👇👇
la onda 1 es la que se utiliza como proporción para las ondas siguientes para estimar sus longitudes.
a continuación veremos los ratios para las ondas 2,3,4,5👇👇
