FCPO. I AM WRONG IN MY PREVIOUS WAVE COUNT.
One of the five ways the wave principle improves trading, wave analysis provides a specific point of invalidation, which is the level at which an interpretation is no longer viable.
Knowing when you are wrong is perhaps a trader’s most important piece of information.
Market always right, it was my previous operative wave count is incorrect.
Adjusting to the current structure, wave 3 of 3 already reach 1.618 fibonacci relationship compare to wave 1.
Currently, there is no sign of significant retracement that telling wave 3 of 3 is complete. For now, we still aim high. Next reasonable target is 2.618 fibonacci level where wave 3 is an extended wave.
Let's see what the market will offer us for next week.
Accept failure but never give up, it is part of the process to become a consistently successful
trader!
Knowing when you are wrong is perhaps a trader’s most important piece of information.
Market always right, it was my previous operative wave count is incorrect.
Adjusting to the current structure, wave 3 of 3 already reach 1.618 fibonacci relationship compare to wave 1.
Currently, there is no sign of significant retracement that telling wave 3 of 3 is complete. For now, we still aim high. Next reasonable target is 2.618 fibonacci level where wave 3 is an extended wave.
Let's see what the market will offer us for next week.
Accept failure but never give up, it is part of the process to become a consistently successful
trader!
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