Ewj: elliott wave

Quote from Mup:

Back down we go :)

Maybe not then....

Normally went it bust Its ALt its saying degree change...

could be part of an EXP Flat ...

Above that 127.2% ext (890) Its incorrect, then that sharp pull back was the degree change...
 

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...as i am following you mup....
....and to point out to others who are watching....learning
.... a broken alt...signifies either....

....a. end of directional move in current degree...failure
or.
...b. continuation of current direction...but in a larger degree...therefore a larger target

...does that sound ok ?

...edit... i am looking for 923 in this current degree
Quote from Mup:
M incorrect, then that sharp pull back was the degree change...
 
Quote from Mup:

You explained the basic's of ALts well elo :)

Thanks Elo.... :)

Mup,
Since we are on this, can I clarify also....

Would ALT be relevant for clear 5 waves impulses or is its usefulness restricted to ED or double zigzags where 1:1 is common?

:)
 
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