DislikedFor what it's worth, it is a classic complete EW meeting all the EW requirements. An A-B-C pattern USUALLY follows a completed EW.
If you look closely, you can even see the 5 wave pattern WITHIN wave 3!
Because it is so obvious, it may become self fulfilling much like TLs and fib retraces but only time will tell.
Whether it helps us or not, we ONLY trade PASR - end of story.Ignored
Elliot waves, hmm, I have read about them, and even tried trading them on demo for a very short time. It seemed to me that they rarely worked out.
I have pretty much forgotten about them and do not really pay much attention to them. Now maybe it will form a hammer tomorrow at a support level. Until then though I am not touching it.