Elliot Wave Truncation - Failed 5th Wave
- Elliott used the word “failure” to describe a situation in which the fifth wave does not move beyond the end of the third.
- Truncation gives warning of underlying weakness or strength in the market.
- Beginning of a new trend to the down side ?
- Truncation gives warning of underlying weakness or strength in the market.
- Beginning of a new trend to the down side ?
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