DATASONIC

30-11-2015

29-10-2015

28-9-2015

IFCA

kobay

REXIT

27-11-2015

25-11-2015

Kim Hin

JohorTin

25-11-2015
watch for support at 0.618 retracement RM2.00

12-11-2015

11-11-2015

alternate count

C.I Holding

26-11-2015

25-11-2015

johor tin WA

CYL

JCY

RGB

Since this is the penny stock, i cant confirm final wave 5 TP at 0.215 / 0.236 will develop or not/
STOP LOSS 0.17 / 0.165

Solution

YongTai

Dominan

If an expanding Triangle is forming, what is the probability wave-e will terminate above the bottom of wave-c?

ANSWER:

First and foremost, to create an expanding Triangle, wave-e MUST be longer than wave-c. Therefore, the ONLY way that wave-e can terminate above the low of wave-c is if wave-d is longer than wave-c in price. For that reason, it is not a matter of probability, but a question of the Triangle's internal design that decides whether wave-e will "fail" or not. 

If you see what you suspect is an expanding Triangle, and wave-d is longer than wave-c, the potential for an e-wave "failure" exists. That potential increases if the channeling of the Triangle slants upward. Why, that allows the "panic phase" of the Triangle (i.e., wave-e's break of the a-c channel) to occur without the need to break the low of wave-c. Keep in mind, to qualify as an expanding Triangle, wave-e MUST still be longer than wave-c in price; if not, something other than an expanding Triangle is forming.