Hello, guys!
I read the Trading Chaos chapter about the time target zone for Wave 4.
How to calculate it?
We should take the the time between Wave 1 peak and Wave 3 peak, multiply this value by 1.62 and 1.38. Measure this value from Wave 2 bottom.
If the Wave 3 ended, we can see the Wave 4 end in the red area. As I told in my previous analysis the price target area is $54000-$56000.
Will we see the price exactly in the red area? Let's discuss in the comment section.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
I read the Trading Chaos chapter about the time target zone for Wave 4.
How to calculate it?
We should take the the time between Wave 1 peak and Wave 3 peak, multiply this value by 1.62 and 1.38. Measure this value from Wave 2 bottom.
If the Wave 3 ended, we can see the Wave 4 end in the red area. As I told in my previous analysis the price target area is $54000-$56000.
Will we see the price exactly in the red area? Let's discuss in the comment section.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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