If you allow me, I will make a correction for you. In order to trace Elliot waves, you must take as a rule two premises: a) Wave 2 can never be smaller than wave 1 (it can be the same, but the normal is that it should be between 0.5% to 0.618% of the Fibo retraction).
b) Wave 4 cannot invade wave 1 (the literature differs in relation to the shadow / wick that can be accepted), but the closing of the candle cannot be at the level of wave 1.
Link's trend is up, but the wave count doesn't seem right here.
p.s: I am not talking to fight or want to give lessons, we are all learning every day =)
Hello, I am very happy to learn from you.