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发表于 2012-5-27 10:52 PM
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回复 lilitulip 的帖子
yes, i read the chart, so is that because it reached the high point but couldn't break up, that's why the wave ended? i just not sure how long it take to say end. thank you
lilitulip - Good question! We can assume that a wave ends when it reaches our target price and target time AND with a reversal price action. That was what happened last Friday ... the wave showed an ABC up (i.e., wave-4.a, 4.b, 4.c) starting from last Monday and ended on last Friday with a reversal bar. That was why I guessed that the wave-4 has ended. If the reversal bar (last Friday) is taken, then we need to accept some alternative count and review our wave assumption.
(I'll update this conversation to my blog, for this is really a good question and I want to broadcast to my audience) |
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