Here is the example of complex wave calculation based on elliott wave principle.
Overall complex correction wave consists of 5 combined wave (w)-(x)-(y)-(x)-(z).
These complex correction played out for very long period time thus can be very confusing. (w) wave is a zigzag of a-b-c, followed by triangle a-b-c-d-e (x), another zigzag a-b-c (y), followed by flat...
This entire thread will be for STRUCTURE!
In the "idea updates" column I will be posting all types of
corrective and impulsive structures!
When it comes to trading the waves, the 12345ABC we all
love to draw when we first learned about the theory will be
useless (most of the time)
What we should focus on is if we're in correction, and if so
how the heck can...
