On many occasions I see Elliott Wave Counts that contain running corrections that imply excessive expansions of the previous correction. In fact, there are regular guidelines on expansions that contain any expansion and this video provides an outline of when an expansion becomes an extension in a higher degree wave... As a basic rule, if you cannot forecast where a move will end then there is something wrong. In general all moves can be forecast. The following video provides a guideline to how to anticipate these.


Good trading
Ian Copsey