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.
One of the rules in Elliott wave theory is that wave 4 can never...
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.38 |
Change
-0.023(1.61%) |
Mkt cap ! $3.351B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.36 | $7.266M | 5.229M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 51991 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 47142 | 11 |
View Market Depth
| Last trade - 13.39pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.38 |
Change
-0.023 ( 2.41 %) |
||||
| Open | High | Low | Volume | ||
| $1.40 | $1.43 | $1.37 | 1658942 | ||
| Last updated 13.57pm 13/05/2024 ? | |||||
| LTR (ASX) Chart |