If you are talking about the very first (1) - (2) in green, you are correct. These should have been placed lower. By moving these down, the rest of the count remains valid as is.
Right, good question. So my understanding is that the rule you stated is correct. However if you take a closer look at the chart you'll notice that the wicks are primarily causing the issue of 1 & 4 over lapping. Also this chart is from an exchange where trader can enter at leveraged positions so this chart is from a margin trading trading account. My understanding is those markets behave a little different.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I´m new to elliot waves thanks to Haejin but jonnycrypto´s chart regarding to wave 1, subwaves 1 overlaps with 4. Can anyone clear my doubt?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@cktaco not sure if I understand your question?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The question is: Can wave 1 counting be validated if subwave 1 and 4 overlaps? it´s against elliot wave rules!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you are talking about the very first (1) - (2) in green, you are correct. These should have been placed lower. By moving these down, the rest of the count remains valid as is.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Right, good question. So my understanding is that the rule you stated is correct. However if you take a closer look at the chart you'll notice that the wicks are primarily causing the issue of 1 & 4 over lapping. Also this chart is from an exchange where trader can enter at leveraged positions so this chart is from a margin trading trading account. My understanding is those markets behave a little different.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Is that looking better, I tightened it up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you!!! I have a great teacher!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit