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RE: Tutorial on the Use of Fibonacci Ratio & Elliott Waves

in #bitcoin6 years ago (edited)

When using the Fib Retracement, does the top (end of wave 5) always start with 0.00 and end with the start of wave 1 on 1.00 , and not vice versa? Below I tried it on XRP USD, and found only only starting with 0 (zero) on wave 5 works. Would be great to get this confirmed by you @haejin or someone! Thanks!

PS. this tutorial is Invaluable! I wonder why most of your (new) readers did not take a look at this yet