IMUGENE CHART. TA only, page-8464

yep I’m down for that weekly count and all your daily counts are spot on.

the most important thing to do with wave counts IMO is to make sure all the rigid rules of Elliot theory fit your wave count. that’s why I was so sure about 0.515 as our bottom, otherwise it ruins the count and we would have to start again (although keep in mind, although very uncommon, wave 4 can dip into wave 1 very briefly. But it rarely happens)

A combination of weekly and daily MACDS are very handy to keep track of wave counts too, you would have noticed myleo, w3 and myself using pro real-time with custom macd setups. Makes things real easy, I suggest you look into it.

ALSO if you look at the first daily count that makes up the weekly wave 1, you’ll notice wave 5 is extended. Usually wave 3 is the largest wave but when it’s short (only reaches 1.618 extension of wave 1 or below) wave 5 tends to be extended. As I pointed out, the wave 3 we just completed didn’t reach its target. So it’s likely wave 5 will take the same shape as the last one and be extended

read all the rules of Elliot theory and keep them stored in your head, but you’re doing a great job! You’ve picked it up really quick

one of the theories of Elliot wave is that no matter how far you zoom out or in. There is always a wave count that is apart of a smaller or bigger impulse wave. It’s quite fascinating!

cheers