Commentary on "Elliott Wave Cheat Sheet Mento Pdf"

  1. Waves: Markets move in waves, which are repetitive cycles of price movements.
  2. Wave Structure: Waves are composed of smaller waves, which are also composed of even smaller waves.
  3. Wave Labeling: Waves are labeled with numbers (1-5) and letters (A-C) to identify their position within the larger wave structure.
  4. Wave Ratios: Waves have specific length and time ratios relative to each other.

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