HK50 Ready for a Corrective Wave to the Upside?
Rules EW:
Elliot Waves Rules:
Wave 2 cannot extend beyond the start of Wave 1.
Wave 3 cannot be the shortest Wave.
Wave 4 cannot retrace into the territory of Wave 1.
All motive and Impulsive waves must have 5 sub-waves.
Even though Wave 5 might not surpass wave 3, wave 3 must always surpass wave 1
Elliot Waves Rules:
Wave 2 cannot extend beyond the start of Wave 1.
Wave 3 cannot be the shortest Wave.
Wave 4 cannot retrace into the territory of Wave 1.
All motive and Impulsive waves must have 5 sub-waves.
Even though Wave 5 might not surpass wave 3, wave 3 must always surpass wave 1
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