Thank you very much
@W3Booster for such a detailed, helpful, and informative analysis.
I am able (after some research) to follow all rationale in your analysis. However, I would be extremely grateful if you could help me with one question as per below:
Toward the top right where you have the Fibonnaci expansion and the highlight on "0.674 (61.8%)". I see that in this ABC correction the Fibonnaci retracement runs from the bottom of the recent move (excluding candle wick) to the top of the recent high (excluding candle wick).
However, in the other Fibonacci retracement across the entire five Elliot Waves, that Fibonnaci retracement runs "including" candle wicks.
My question hence relates to the reason for a different use of candle wicks in the Elliot wave versus ABC Fibonnaci retracements. I assume the treatment of candle wicks is driven from the distinct theoretical perspectives in each model? Any assistance would be most appreciated.
Thank you kindly!
