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Hallo and profitable week to allRolleyes

Here is my current counting of the cable.
Kindly consider the green ellipse.
I am waiting for the end of 4th wave in green. Actually a cycle in red already finished and a new one commenced.

Is it still 4th green wave or I should consider a new counting??
(01-11-2013 04:59 AM)zethron Wrote: [ -> ]Hallo and profitable week to allRolleyes

Here is my current counting of the cable.
Kindly consider the green ellipse.
I am waiting for the end of 4th wave in green. Actually a cycle in red already finished and a new one commenced.

Is it still 4th green wave or I should consider a new counting??


I would consider a recount, personally.

More time has gone by of course but perhaps this is something worth considering.

[attachment=847]

Smile
Thank you vm for the reply, really appreciated!

Would you tell me what is your 4th wave (in impulse) vision?
Should it be comparable to the 2nd?

For example:
4th wave = (0,8 to 1,25) x wave 2? ... or viceversa

Now 2nd wave in yellow cycle is apprx. 40 pips, 4th - 120 pips i.e. 3 times more.
In this respect is it better to consider it 4th wave of impulse or ABC in bigger (daily) chart?
Are you sure that your yellow cycle is not a C and so should have your
2 as an A, your 4 as the C4?

Incidentally I had the drawing in my previous post labelled with a 4
where the A now is but took it down and changed it because I thought
the scale might not support it.

Casual counting at its finest.

Smile
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