NeoWave. Part 8. Retracement rule 5. Conditions “a” and “b”

NeoWave theory by Glenn Neely. Retracement rule 5 and the conditions “a” and “b” to apply it

Dear friends!

Today, I will explain the retracement rule five.

If you are not familiar with the NeoWave theory, I strongly recommend you read all the articles in the NeoWave series, based on Glenn Neely’s book Mastering Elliott Wave, starting from the first one:

Neo Wave theory. Part 1. Rules for creating charts

Neo Wave theory. Part 2. Basic information on Polywaves and Structure Labels 

NeoWave. Part 3. Retracement Rule 1.

NeoWave theory. Part 4. Retracement Rule 2.

NeoWave theory. Part 5. Retracement…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>