Friday, August 17, 2012

Charting wave E of descending(+ascending) triangle (updated)

It look like I was correct about the descending triangle forming as Major wave B.

This triangle's waves are constructed with double zig-zags, I guess wave E, the last wave of this triangle should be double zig-zag as well..


It has finished wave W as first wave for wave E.
With a ending diagonal as wave a ( interesting ) with b and c @ 61.8% ( Nice spike)
We are surely headed towards wave Y, which will full-fill the requirements for wave E

Another probability :- this white W might be wave A of another triangle in this ascending-descending triangle
making wave E as triangle it self.
Just because wave white X has retraced 61.8% percent of white wave W.



Ray

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