Technical_Analysis_page_524

Technical | Analysis page 524 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 20 Elliott, Fibonacci, and Gann 495 Look back at Figure 20.1; see how the number of waves, as the pattern becomes more com- plex, follows a Fibonacci sequence. The first waves are corrective and impulse, one and one, totaling to two. Then there are three corrective waves and five impulse…