Well, please keep in consideration that we’re practicng EW for last 15 years .
We did not have a 2nd look on the chart posted by you because in very first look :
a) We could see clear overlaps
b) Any serious practitioner would use colored bars to check the internal wave-counts as well as he won;t plot these on futures-prices.
c) And AB marking on this kind of structure did not make sense as either they should be 1,2 or W,X,Y etc etc
First we thought of ignoring your post as it had so many flaws.But then understood that it is by someone who’s either someone new or is trying to learn. So we tried to help.
We saw the original chart before commenting.
We take our thread, and responses very seriously. Please try to understand. If you want to undertand and can give a counter-point with correct understanding of the concepts , you are always welcome.
Otherwise , let’s not waste each other’s time for the sake of argument and corrupt this thread.We won’t be replying to any irrelevent post in future.
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