i actually did this one yesterday,..follow me... we were in a downtrend so u look for impulses down..u cant just draw lines and call it elliot wave...i used to do the same thing...u should be lookign for impulse moves in the direction of the trend..and remember ew only works on impulse.,...also ew should be used with everythig.....support and resistance should be drawn first...i trade on 100x leverage so my analysis has to be right or im screwed @CryptoNugs,
@therealchrisaee, Thank you! I'm not trading with much volume so I think I must be not 100% looking. I appreciate the advice, because I do find myself going in the micro and ignoring the longer time frame trends. Followed!
@CryptoNugs, fOR SURE MY friend. remember the longer timeframe is what determines which direction to go in on the smaller timeframe... if i were u i would start with the 1hr then dont go far as the 2hr...draw support and resistance... then go in smaller tf