
092: Dario Mofardin – Observing the Whole Board, Building a Body of Evidence, Swinging at Fat Pitches
Chat With Traders
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The Importance of Waves in the Market
The number of waves in a certain direction has some sort of significance. The primary basis is five waves up and three waves down to establish a trend. So the next move up will be another five waves, and the next decline will be another three waves. That gives you an idea of the trend where the market is heading.
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