Elliot waves are comprised of 5 waves. 1= initial move up 2= Small ABC correction where the low does not reach 1 3= Longer timeframe wave moving up 4= Longest down wave in the structure including an ABC correction and eventual accumulation, can not not reach 2 and usually bounces at 618 fib line 5= Most parabolic wave in the structure after accumulation and a...
This one was tough. not sure on the placement of these waves as it was difficult to also track ABC corrections. I guess a good question would how strict are the rules such as....4 always is a longer structure and has to be above 1.
With this one I'm actually tempted to replace the 5th wave with the 3rd wave as when looking at your video you mention that the 4th wave is is typically a longer period of downward action. On my chart for my 4th wave i see no clear ABC correction. On my chart I feel that the 4th wave is much to short as well. With that in mind, we would actually be in the 4th wave...
Not sure about the second ABC correction but the rest looks pretty clean to me