elliottwaves-trading Would you say that the art of predicting and trading a corrective pattern is based on a strict analysis of the previous pattern?

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Would you say that the art of predicting and trading a corrective pattern is based on a strict analysis of the previous pattern?

The answer is yes… The art of predicting and trading an ABC- or an ABCDE-pattern goes through the full comprehension of the previous impulsive pattern and also of the first corrective wave (wave A). An internal 3 subwave structure of the wave A will signal a future flat or a triangle pattern, rather than a zigzag, whose wave A is characterized by a 5 subwave structure.