pennies, that chart is great! How would you draw in the next line? I know nothing about elliot wave other than the next line will be a smaller retracement. any idea how high?
That's very interesting about 1 and 3 being the same length and something I think I can remember pretty easily. I wonder if using the macd it could be coded using the mathematical relationship between the peaks or valleys. Something to think about anyways.
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