Κυριακή, Ιανουαρίου 21, 2007

Forth wave breaks-Sample AVE equity

A forth degree wave is permitted to break 0-2 line once and some times twice.

In the sample of AVE we can observe this elliott parameter in evolution at the right time now.

She can obviously make a false break till 4.66/70 or not but not below.

And then to proceed upwards to fifth wave counting first target at the top and second 7.20.

In the chart specific remarks have been plotted.

Diagram:
http://img267.imageshack.us/img267/3719/untitled4xm.png

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