Hi Ramki,Thanks for the quick reply. It may sound absurb, but even thguoh I was aware of Elliot wave as a technique, was never so much interested in reading a book on it. Till I hit your blog during a casual search. And your book is the first I am reading on EW Thanks for confirming that there is no such thing as extended wave B. Does it mean that we got a case of extended wave 3 to the 54-55 zone and wave 4 down from there and currently in a wave 5?Going by that assumption, and also referring to the book 2 of the 3 impulses would be equal and one would be an extension typically. The wave 5 seems to have again extended beyond the rise of wave 1. I am having a bit of hard time understanding this current pattern by just reading the book.appreciate your valuable response.Thanks,
by Brooke 12:15:09 PM 2013.03.16 |