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RE: Elliott Wave Tutorial Video #2: Zig Zag and Flat Corrections, How to Recognize and Label Corrective Waves

in #bitcoin7 years ago (edited)

if an elliot wave pattern fails do you look for other patterns? like look to see if it is just forming a wedge, sym triangle etc and move on with the ta? What is your thought process when an elliot wave pattern fails for what ever reason (i.e. 3rd wave shortest, 4th wave crosses top of 1st)

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Since EW is a probabilistic method, if you primary count is incorrect, then one of your alternates will be. That's why an Elliotician is rarely surprised

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