This relative strength is really something! chart says it all
Advanced Level (Extended Wave 5)
Wave 5 has two different relationships:
1- If wave 3 is less than 161.8% of wave 1 -----> the 5th Wave overextends itself.
2- If Wave 3 is greater than 161.8% of wave 1 -----> Wave 5 = 100% , 161.8% or 262% of wave 1
As shown on this chart, wave 3 is less than 161.8% of wave 1
So
Extended Wave 5 =
either 61.8% x length (beginning of Wave 1 to top of Wave 3)
or
= 100% length of (beginning of Wave 1 to top of Wave 3)
or
= 161.8% x length of (beginning of Wave 1 to top of Wave 3)
Target = $ 39650
Catatan
Point and Figure (P&F) Target = $ 40000
Pernyataan Penyangkalan
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