@dhinesh_kumar, new wave is one step better than Elliot.. in fact Glen Neil only wrote Mastering Ellitot waves......
dhinesh_kumar
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@Parasuram, There is nothing better, everything covered in Elliott and also my analysis entirely from the theory except one thing (or maybe we missed it). We knew an impulse can have any number of inner waves (talking about multiple cycles) and in correction side maximum possibility and complex is double/triple-three combination.
But what I observed is a double/triple-three combination can be part/sub-part of a correction and trend can be developed by multiple double/triple-three combination in the same way how impulse would develop.
I spent nearly two years to identify this development.
dhinesh_kumar
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@Parasuram, We should use 5min timeframe (sometimes 1min TF also). Even in 15min, could not get exact wave count.