
🧑💻 #XAUUSD 30min ANALYSIS
Today I want to share a simple way to estimate your Wave 5 target when Wave 3 is much longer. First, measure the full length of Wave 3, then subtract the length of Wave 1. The remaining distance can often give you a good estimate for the expected length of Wave 5. It’s not a fixed rule but it can be a useful guide when setting your TP using #ElliottWaveTheory
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1August 20, 2026 3.4K 27