NeoWave. Part 5. Retracement Rule 3.

The NeoWave theory by Glenn Neely. The third rule of retracement proportions and the conditions to apply retracement rule 3

Dear friends!

We continue studying the rules of retracement based on the NeoWave theory (based on the famous book by Glenn Neely Mastering Elliott Wave). Today, I am going to explain the third Rule of Retracement. In one of the previous NeoWave articles, I provided a table of rule identification, according to which, you can identify the rule you need to apply to a particular market situation (read here).

If you are not familiar with the NeoWave theory, I strongly…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>