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I find myself moving away from EW, other than the completely...

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princey37

4,749 Posts.

626

06/01/25

09:39

Post #: 77281183
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Originally posted by W3hunter: ↑

Yep sort of but that ones a little bit messy. ideally we want this..and importantly for the set up is the initial "low and higher low" or dbl bottom and the zig zag retrace to 50%...this is an ideal set up below but there are different variations of it which are not strictly Elliott wave or perhaps are just beyond my understanding of it..but the most important thing is the GC and zig zag to 50% imo..this whole set up is really quite common, but the trick is to find them and to stay on top of them while the set up is in progress.View attachment 6716352

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I find myself moving away from EW, other than the completely obvious setups! I catch myself too often trying to "force" a wave count when it's just not there, or not yet fully developed.
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