I believe , you have draw the Elliot wave..As per my knowledge the 2nd wave should not break the low of wave 1..I may be wrong...Could you please explain..Thanks in advance.
swapan-choudhury
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@G11192, According to my wave count an ABC structure was seen in the higher time-frame. The stock is currently unfolding into a corrective structure and the B wave within this corrective Structure has almost reached its final stage. This is exactly why I am hoping for the C wave to go down. One more thing, wave count may not be the same for everyone.