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Should we look at wave counts at multiple time frames?
Category: Technical Analysis  
When using Elliott wave to identify potential entry points in the market, should we look at multiple time frames? For example, if I’m looking at a 10 minute chart and I see a wave pattern, should I look at an hourly chart to see if the wave pattern developing in that time frame supports the pattern in the 10 minute time frame?
   
Responder: Jeff Kennedy Date: 5/9/2012
You should always compare your wave count at lower degree to the wave count at higher degree to see if they are compatible. In case of conflict, when comparing wave counts at different degrees, the wave count that satisfies the most guidelines would take priority. You would then have to find an alternate wave count for the other pattern.




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