Eliott wave - Trend line forecasting
To draw the channels we need at least 3 reference points.
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To predict wave 3 target, draw the line from peak of wave 1 paralells the trend line drawing from the bottom of wave 1 and peak of wave 2.
To predict wave 5 target, draw the line from peak of wave 3 paralells the trend line drawing from the peak of wave 2 and peak of wave 4.
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