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Heavyweight

02/27/16 10:42 PM

#137063 RE: javalin #137061

Hey Jav. I'm thinking that wave 5 is an unusually long leg in reference to the expanding moves. The longest of all actually. At it's completion, that's the point we use to start our next wave 1 in the opposite direction not counting the point itself IMO. Wave 2 is the retrace of wave 1 which creates the near double top or bottom (divergence). At least that's the way I understand it. Lol
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pennies2007

02/28/16 9:32 AM

#137084 RE: javalin #137061

That's right Jav. Sometimes the 5th wave will bobble a bit and might even still make a new low on the TDI if the little minor waves haven't quite worked themselves out yet. But basically, once you get a substantial turn back the other way on the TDI, then I start looking for a 61.8 return hit.