So, many times we as analysts start fighting over our Elliott Wave counts. I would like you look at the recent example which I have shared for, nifty it could be for any xyz stock. I am evaluating from the point of view of 2 different analysts. They were seeing random charts to spot the trading opportunity with Elliott Wave analysis; soon they came up with their counts on this chart which were very different. The analysts are not going to marry this stock, they are only concerned with the next trading opportunity, enter the trade, make profit and exit and then scan some other chart. However, they started fighting and pointing fingers in each others analysis. Later their senior came in asked what was the case.
Analyst A: I believe that the impulsive with 1,2,3,4 done and 5th failed. (in black colour)
To read the full post clink here - http://ruchirgupta.co.in/how-can-you-remove-confusion-from-elliott-wave-when-purpose-is-to-make-profits/
5 comments:
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