Hate to be that guy again, but:
"Wave-b,c,d, and e must each exceed the previous segment's termination point (which may or may not be the highest or lowest price)."
Chapter 5, pg. 32, I. a. (2).
Mastering Elliot Wave
"Wave-b,c,d, and e must each exceed the previous segment's termination point (which may or may not be the highest or lowest price)."
Chapter 5, pg. 32, I. a. (2).
Mastering Elliot Wave
>Did you even watch the full video series?
A typical academic response which fails to appreciate all the nujuance involved or even consider a deeper understanding beyond juans 'schooling'
Your reply is glaringly lazy, lacking, presumptious, and dismissive.
My reply:
This is your chart, is it not?
/x/7z4oQSQU (link broken up)
I am quite simply showing you that wave E (both in my chart and in yours) fails to fully retrace wave D. Please read my above chart description, the excerpt I provided will help you understand farther.
Wave E *must* exceed the previous segment's termination point. Either address my argument directly, and in plain English, or concede that you are wrong. I hate to break this to you, but you have a long journey ahead in order to gain credibility in these circles.