ADV.C6.ELL – Did I draw this attached Elliot wave from the correct starting point and the correct wave points even though it tends to line up with 23% (Fib level) on the first couple retracements? Or did i go too high on wave 5? Once you finish drawing 5 waves and the ABC retrace that follows, does it start over at the end of C or do you have to find the next ending of a lower lows set to start with wave 1? For example, what wave would you say we are in today?

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  • ADV.C6.ELL – Did I draw this attached Elliot wave from the correct starting point and the correct wave points even though it tends to line up with 23% (Fib level) on the first couple retracements? Or did i go too high on wave 5? Once you finish drawing 5 waves and the ABC retrace that follows, does it start over at the end of C or do you have to find the next ending of a lower lows set to start with wave 1? For example, what wave would you say we are in today?

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