![]() For green the probability is 60 % and for red it is 40 %. IF the wave 4 ends above blue squiggly there is 80 % chance Wave 5 will be strong. The squigglies are called Wave 4 Channels they represent the possibility of good wave 5. ![]() ![]() MOB is to be used to determine profit targets, so in uptrend(when you are long) you should click the high pivot point(wave 3 top) to get MOB.
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