Disliked{quote} Jfrancis, I appreciate your time and the information that you provided us with. I have always believed in the power of this particular way of tech analysis, but unfortunately I never had the chance to improve my knowledge due to a pretty vague information available on the internet. I would appreciate if you can point to sources which explain the theory behind that matter. Thanks a lot in advance. PS: probably stupid questions. Does the number of waves have to be always 5? Can one apply the same lines connecting highs and lows of let say...Ignored
corrective structures are 3 or 5 waves.