HI Ajax,
Just two doubts.
1. Why didn't you count low of the first candle in your chart as point no. 1? Should not point no. 1 be the lowest point of the swing where point no. 2 was formed?
2. If the first candle in the chart is counted as point no. 1, is there a valid wolfe wave?
Regards
R. S. Iyer
Just two doubts.
1. Why didn't you count low of the first candle in your chart as point no. 1? Should not point no. 1 be the lowest point of the swing where point no. 2 was formed?
2. If the first candle in the chart is counted as point no. 1, is there a valid wolfe wave?
Regards
R. S. Iyer
i fully agree with you, i think our buddy has wrongly identified wolfe wave.
~Winston