Say, after 22-12-20, we are into trade with long position with the thinking that w4 is over,
But EW analysis trading is not done with the thinking that Wave 4 is over, Already trader
has idea, the wave 4 structure by seeing the wave 2 structure. So they are mentally ready
for a flat structure. The markings and the EW overlaying changes as the trading days
passes. It is not possible to take a single drawings and do trade on it. It needs a continuous
change and a reconfirmation at each stage for the trade.
Om Namah Shivay