When you put that box Wave 3 = Wave 1 , how do you draw that box ? Is it based on the exact price difference between top & bottom of wave 1 or is it the box height ? What is the chart scale used here ? Arithmetic scale will give the price delta while log scale will not . So , how do you do that ? Which is correct to use arithmetic or log scale while drawing out that Wave 3 target box ? Also , sometimes fibonacci multiple of Wave 1 length is used for Wave 3 . So , how do you draw that ? Do you use arithmetic scale or log scale chart for this ?
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