One of the rules in Elliott wave theory is that wave 4 can never infringe on wave 1. Except in a diagonal. If you come across someone changing this rule to suit what they want to see, head for the hills.
If the desire to ignore or change a rule occurs then either the wave count is wrong or the overall motive pattern just doesn't exist.
So here is the correct application of Elliott with LTR. It is at a crossroads to see if a corrective pattern has commenced or there will be one more move up to complete a wave 5 (major). Fudging won't work either way. Probably about time it stopped you know.
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$1.40 |
Change
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Mkt cap ! $3.394B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 2 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.33 | 2993 | 2 |
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| Last trade - 09.44am 13/05/2024 (20 minute delay) ? |
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Last
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Change
0.000 ( 0.07 %) |
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| Open | High | Low | Volume | ||
| $1.40 | $1.41 | $1.40 | 13708 | ||
| Last updated 10.07am 13/05/2024 ? | |||||
| LTR (ASX) Chart |
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