Hi, just seen this chart.. I'm very new to Elliot Wave and wonder in ab correction of W2, according to the chart, b seems to be higher than highest point of W1. Would this still be possible?
Cruddest
⋅
@hungbui, yes wave b can exceed the point of wave a
however wave 2 can not exceed the point of wave 1 by closing nor wave 4 cannot exceed wave 2 by closing
more of an updated chart