NeoWave theory. Part 4. Retracement rule 2

The NeoWave theory by Glenn Neely. The second rule of retracement proportions and the conditions to apply retracement rule 2

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). In the previous article, I provided a table of rule identification, according to which, you can identify the rule you need to apply to a particular market situation. I also described the conditions concerning the first rule (read this article).

If you haven’t heard about the NeoWave theory before, I recommend you get familiar with…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>