Thanks and I’ve also seen people label the current wave a Y wave. I’m still trying to understand Elliot better myself
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Thanks and I’ve also seen people label the current wave a Y wave. I’m still trying to understand Elliot better myself
Cool... :-) One of the very first basic tenets is that in an impulse wave, be it bullish or bearish, wave 4 cannot overlap the price level of wave 1. It's a rather interesting theory, and once you get the hang of it, it can be kind of addicting... Especially if you like puzzles... lol...