HI,
I’m reading mastering ellite wave book.
Look at the attachment and underlined text which I draw .As you can see he said the breaking of previous high/low indicate the termination of a monowave but In point ‘A’ The last high has been broken but It is not calculated.What is the reason?
Can anybody helps me please?
Thanks
Elliot waves are not definitive, so 2 different interpretations, may be equally valid, and one may work out this time, and the other might work out next time.