Is this a valid Elliot wave?

Shanmugam · April 16, 2019, 7:04pm

I am a beginner and still learning technical analysis. I learned about Elliot wave recently and want to find out this a valid Elliot wave. I have highlighted the impulse pattern in Golden yellow line and the corrective pattern in light blue:

Shanmugam · April 16, 2019, 7:17pm

I don’t know if I am doing this correctly either!

Shanmugam · April 17, 2019, 4:50pm

I really need a reply to this thread with the correct answer. Can anyone kindly reply?

AUdvantages · April 17, 2019, 5:16pm

First chart is correct, elliot wave is not an exact science.

cigarmanstan · April 17, 2019, 5:31pm

Only thing I can add is when I see a chart with EW, it’s got numbers 1-5 of varying degrees on it., And letters
A,B,C. and sometimes W,X,Y,

Shanmugam · April 19, 2019, 2:28pm

thank you for the replies guys…