Cilantro Fist, the philantrophist philatrosits by your side.
– I only have subsidies for you – he says.
Silly, doesn’t he know that the Philantropicana drinks are free?
Let’s change the climate. Ooh-ooh, I change the world.
This one is gonna be a new foundation course. The tab is gonna get picked up by my new company, cheers.
Presents: the two parts of a terminal move.
Forget the idealistic world of Elliott Wave.
Every terminal move can be divided into two parts, the measuring leg and the divergent leg.
These two are separated by a Zero aka a continuation divergence. To find these divergences between the legs, we need to remember two things. One is that the measuring leg comes with a cross over of the hourly E-44 and that the best things in life such as the RSI2 are free.
Let’s try to appreciate what we are talking about here.
Here’s an hourly example to the downside.
…and one to the upside.
When a leg becomes too parabolic, you may have to go down a time frame to sync up with the speed better.
The first point I’m trying to make here is that it does not matter if you want to see 3 or 5 waves.
What matters is that there would be the divergent leg starting from the continuation divergence.
The second point is the fractal nature.
A measuring leg + divergent leg terminal sequence may be simply the Measuring Leg of a larger time frame move. The to white lines on the daily chart above are the same two lines (also as the first leg) on the weekly chart below.
Also, the continuation divergence makes the fractal energy consolidate in a rapid manner, at least tagging the full charge level.
Sweet, isn’t it?