Replies to post #38236 on Elite Swing Trades

[neuroFC]

wave 4 to 2.62-ish then?
that seems like a fast/short wave 3 - i trust you tho. so 2.62 or there abouts on the retrace? cheers.

[Wrinkles]

Hope so my friend.... :-)

[SwingKing]

Very nice KI, and you're right about the 4th wave but I don't it'll go that low. Love hearing about 3rd and 4th waves, makes my think I'm doing some good around here, at least a little bit anyway, congrats of the play

Let me give you a pointer, 4th waves usually retrace between 23 and 38% from the bottom of wave 2, if it reaches 50% it usually means the prior wave is complete and it's a wave 2 not a wave 4. Good Luck.

[SwingKing]

As a matter of fact this may only be the 4th of wave 3 so we could still have a high in 3 and 5 before the wave 2 pullback.

[SwingKing]

Pullback in the wave (iv) (or alternatively - wave iv of (iv) - not shown). As long as NG holds over the red line 2.819 is next target.

[SwingKing]

Buying wave 2/2b is the plan.