Wave B typically retraces
38 to 79 percent of wave A. If wave B is a running
triangle, it will typically retrace between 10 and 40 percent of
wave A. If wave B is a zigzag, it will typically retrace 50 to 79
percent of wave A. If wave B is a triangle, it will typically
retrace 38 to 50 percent of wave A.
I would adhere to your plan and keep and open mind while
respecting your triggers
What is the typical B
Steve/Matt, SPY QQQ - If this is a Wave B, ...
Posted by steve on 8th of Jan 2024 at 01:45 pm
What is the typical B wave retracement?
Wave B typically retraces 38 to 79 percent of wave A. If wave B is a running triangle, it will typically retrace between 10 and 40 percent of wave A. If wave B is a zigzag, it will typically retrace 50 to 79 percent of wave A. If wave B is a triangle, it will typically retrace 38 to 50 percent of wave A.
I would adhere to your plan and keep and open mind while respecting your triggers
Nice thanks for the explanation
Posted by srusso1 on 8th of Jan 2024 at 01:54 pm
Nice thanks for the explanation on wave B retracement.
Yes, thank you, Steve.
Posted by te22 on 8th of Jan 2024 at 02:17 pm
Yes, thank you, Steve.