Sometimes I add a bit to what I have thought.
Technical Section:
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, as a result, the 5th wave overextends itself.
Extended Wave 5 = either
61.8% x length of (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)
Lesser degree; Wave (3):

Appendix:

Technical Section:
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, as a result, the 5th wave overextends itself.
Extended Wave 5 = either
61.8% x length of (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)
Lesser degree; Wave (3):
Appendix:
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.