The holy grail is 'The cycle' and it's underlying mechanics ![](https://resources.faireconomy.media/images/emojis/64/1f913.png?v=14.0)
![](https://resources.faireconomy.media/images/emojis/64/1f5a5-fe0f.png?v=14.0)
![](https://resources.faireconomy.media/images/emojis/64/1f4c8.png?v=14.0)
Have just read where Elliot proclaimed "it's driven by patterns of human psychology and development and not cyclical."![](https://resources.faireconomy.media/images/emojis/64/1f619.png?v=14.0)
I get the honor of trashing the most comprehensive system ever conceived with the new understanding.
A taste of my next review:
It's not looking positive for the overall theory EWP. I think he realized that there is Fibonacci relationships happening. Explored the mathematics and recognize it relates to everything.
The five wave model
,
When I first started mapping, the first time I started noting wave groups, I first grouped waves into five and labelled retrace as ABC. It's easy to perceive it as such, I did it to, but later I learned the truth. Then because his counts fit the Fibonacci sequence he believes this is the key to the whole theory.
Maybe this is proven further in the book, I can't really judge till I've finished it. It's definitely a component but there's a lot more that he's missed and the truth lies somewhere in between.
Lesson 20: Ratio Analysis How fib retrace mechanics work. My specialty, this is gonna get ugly.
![](https://resources.faireconomy.media/images/emojis/64/1f913.png?v=14.0)
![](https://resources.faireconomy.media/images/emojis/64/1f5a5-fe0f.png?v=14.0)
![](https://resources.faireconomy.media/images/emojis/64/1f4c8.png?v=14.0)
Have just read where Elliot proclaimed "it's driven by patterns of human psychology and development and not cyclical."
![](https://resources.faireconomy.media/images/emojis/64/1f619.png?v=14.0)
I get the honor of trashing the most comprehensive system ever conceived with the new understanding.
A taste of my next review:
It's not looking positive for the overall theory EWP. I think he realized that there is Fibonacci relationships happening. Explored the mathematics and recognize it relates to everything.
The five wave model
,
When I first started mapping, the first time I started noting wave groups, I first grouped waves into five and labelled retrace as ABC. It's easy to perceive it as such, I did it to, but later I learned the truth. Then because his counts fit the Fibonacci sequence he believes this is the key to the whole theory.
Maybe this is proven further in the book, I can't really judge till I've finished it. It's definitely a component but there's a lot more that he's missed and the truth lies somewhere in between.
Lesson 20: Ratio Analysis How fib retrace mechanics work. My specialty, this is gonna get ugly.
Founder of Sutherland Wave Principle