I love Elliot wave counting however i use it as an opion to find Impulsive wave
In my opion i find its easy to wave count on an AO indicator basically i look for the higest peak on the AO and then i take that to be some sort of Impulsive wave which i first consider to be a wave 3
If it then corses the Zero line then thats the wave 4 and if it closes back then thats a wave 5
I also tend to look for Divergency between the Two peaks on the Ao to indicate ineed its the completion of the wave cycle.
Any suggestions on how other people Elliot Wave count?
In my opion i find its easy to wave count on an AO indicator basically i look for the higest peak on the AO and then i take that to be some sort of Impulsive wave which i first consider to be a wave 3
If it then corses the Zero line then thats the wave 4 and if it closes back then thats a wave 5
I also tend to look for Divergency between the Two peaks on the Ao to indicate ineed its the completion of the wave cycle.
Any suggestions on how other people Elliot Wave count?