RE: Elliott Wave Tutorial Video #2: Zig Zag and Flat Corrections, How to Recognize and Label Corrective Waves

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Elliott Wave Tutorial Video #2: Zig Zag and Flat Corrections, How to Recognize and Label Corrective Waves

in bitcoin •  7 years ago 

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7 years ago by

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      ·  7 years ago 

    Overlap unless it morphs into a diagonal.

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      5 votes
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        ·  7 years ago 

      I THINK its morphing into a triangle... is that what you meant?
      Something like this

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      5 votes
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        ·  7 years ago 

      Yes
      Practice forward discerning probable patterns..

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        5 votes
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          ·  7 years ago 

        yes sir

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            ·  7 years ago 

          BOOYAH!

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            3 votes
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              ·  7 years ago 

            Well Done!

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              5 votes
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                ·  7 years ago (edited)

              if an elliot wave pattern fails do you look for other patterns? like look to see if it is just forming a wedge, sym triangle etc and move on with the ta? What is your thought process when an elliot wave pattern fails for what ever reason (i.e. 3rd wave shortest, 4th wave crosses top of 1st)

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                  ·  7 years ago 

                Since EW is a probabilistic method, if you primary count is incorrect, then one of your alternates will be. That's why an Elliotician is rarely surprised

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                  3 votes
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                    ·  7 years ago 

                  Wave 4 cannot overlap with wave 1.

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                    1 vote