After evaluating and making multiple possible counts myself, this is my final one which seems most probable at this point in time.
I myself have posted WXY w/ flat counts, ABC with flat counts and WXY with triangles.
Well here's my final conclusion. Elliott Wave Theory has specific rules and guidelines, ones which if we don't follow, we may as well just start throwing numbers and letters all over the chart with complete disregard. Trying to find counts that 'have the right look' and dont break any rules , is where we will find the highest probability trade setups.
So for one last time
-Everyone on twitter posting W flat X zz Y , isn't complying with retracement guidelines.
-My A flat B flat C looks much more promising, but again, the B wave only retraced ~ 85%, missing the 90% mark.
-W zz X triangle Y zz is possible, however, the C wave in the X triangle looks more like a flat as its B retraces nearly 90%, ZZ's tend to retrace between 38.2%-78.6%. Also, the X triangle just seems massive relative to the W zz. (but this count is still valid, and rules compliant, just doesn't have the right look)
-Therefore the only count that i can see that measures well, channels well , is 100% rules compliant, and has the right look, is WXYXZ tripple ZZ.
I myself have posted WXY w/ flat counts, ABC with flat counts and WXY with triangles.
Well here's my final conclusion. Elliott Wave Theory has specific rules and guidelines, ones which if we don't follow, we may as well just start throwing numbers and letters all over the chart with complete disregard. Trying to find counts that 'have the right look' and dont break any rules , is where we will find the highest probability trade setups.
So for one last time
-Everyone on twitter posting W flat X zz Y , isn't complying with retracement guidelines.
-My A flat B flat C looks much more promising, but again, the B wave only retraced ~ 85%, missing the 90% mark.
-W zz X triangle Y zz is possible, however, the C wave in the X triangle looks more like a flat as its B retraces nearly 90%, ZZ's tend to retrace between 38.2%-78.6%. Also, the X triangle just seems massive relative to the W zz. (but this count is still valid, and rules compliant, just doesn't have the right look)
-Therefore the only count that i can see that measures well, channels well , is 100% rules compliant, and has the right look, is WXYXZ tripple ZZ.