Among the simple tenet is that prices move in waves and every impulsive wave there is corrective wave.. impulsive wave there 3 wave namely 1 , 3, 5 and corrrective there are 2 wave namely 2 and 4 and after reaching the 5th wave the peak the wave will correct to A, B and C.. After That wave C the cycle start all over again to make a bigger wave cycles....ooo pening pale den .. banyak laii rules and ye buek ..
Tapi sepekara yang paling mustahak apa yang di temui oleh Elliott is the Fibonacci Ratio.. ini You and I and all my dear readers must take attention and hafal the ratio and the number....
the wave is easy to understand but the problem is counting the wave.. since there are lot and lot of probbalities.. due to its complexity... oppurtunies try to solved the problem by making s/ ware such as Elwave and others...
Chart OF klci
So to make our life easier there is a chart of CI being analyed by ElWave.. a software produced by prognosis this s/ware they its say that PO of the lowest wave of ie "minutte" 1466 had been reach and "minor" wave of 1495 is under way. After that wave intermidiate wave of 1689 of target is predicted. And added alll the wave togeteher it come to Primary wave... Phewww botol poning palo den.. sorri speaking language that you dont understand ...
In simple terms
Walau apa pun nak senang cerite .. the trend is up .....so is up ... tak ada sesiapa yang boleh deny that the market Is showing the price is UP . Mr Market is UP.....
So every body must follow.. unless our interpretation of the market language is wrong.. then you should go short.. nobody can deny that too..
