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I actually did move on because Wyckoff and generally price...

  1. 66 Posts.
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    I actually did move on because Wyckoff and generally price action methods are offering a better win rate and are more dynamic. Elliot does not perform well in forex and hight volume markets such as forex and crypto. When ASN breaks out into +2$, trading it using Elliot will be nearly impossible.
    Btw, Wyckoff is not wave based at all. It’s fundamentally a S&D price action method. So, comparing it with Elliot wave patterns is not correct.
    As for the W5, It’s suggested to look at the W1 to estimate the length of W5. But it’s only a suggestion. I think W5 here, is as sharp and short as it was drawn. Specially with a super lengthy W1 and W2, W4 and W5 are usually very sharp and short. Happy to see your view on a chart.

 
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