The above chart following the basics of EWT was simply created, because as you clearly demonstrated you have difficulties following simple rules as they apply. You wanted to create a Zigzag correction, which has 5 waves down followed be 3 waves up and then again followed by 5 waves down (5-3-5). Each of the 5 wave down legs are made up of 3 down waves and 2 up waves as show in my chart. Those waves shouldn’t just be counted willy billy. As I said there are rules, which as you just demonstrated you seem to be unaware of.
I suggest to give it away trying to use EWT as it clearly is not your strong side. That also would keeps others from adopting those mistakes and even better I wouldn’t have to pull you up on those obvious mistakes. I suggest you apply the same to Fibonacci ratios, because you first don’t believe they work and secondly we don’t have to go over the same arguments over and over again.
That way you might get more time to concentrate on those off market share transfers, explain their importance and how they influence chart formations by market makers!
New TA/Charting, page-4603
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