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FlashPoint

6,271 Posts.

2220

15/12/21

10:18

Post #: 58302492
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Originally posted by FlashPoint: ↑

"FlashPoint, you are my favourite passive aggressive down-ramper, I love the effort you put in"

Shouldn't that read more like, FlashPoint, you are my favourite realist , I love the charting effort you put in!", because your charts drawn and presented are quite accurate and it seems to me, always based on proper TA rules! That's in stark contrast to some other chartist who use lots of indicators to predict future SP moves, when it's all about the probability and a good understanding of your tools, EW in particular. Especially when EW rules clearly state the following:
Wave 2:In Elliott Wave Theory, wave two corrects wave one, but can never extend beyond the starting point of wave one. However the chart they present above clearly break that very simple rule, where wave two clearly extends beyond the starting point of wave one.

However in respecting your above point of view, I will leave it at that and look forward to once again seeing that EW wave count being corrected over time to match reality, because let's face it we should see reality as it is, not as it was or as one wish it to be!

Expand

Here in contrast is my EW wave count following the rules as set out in the EW Theory ...

Now is anyone worried about those TL?

Last edited by FlashPoint: 15/12/21

AVZ Price at posting: 69.5¢ Sentiment: Hold Disclosure: Held
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