It’s useless, because it belongs to the future function:

1 The trend is still rising healthily, but the wave theory has been constantly predicting opportunities at the top, making people in the upward trend Bearish. To put it simply ----- Ta Kong.

2 On the contrary, the trend has been falling, with no sign of stopping, but it keeps predicting the bottom. In the end, it fell all the way but was busy trading all the way. The last prophecy was correct, haha, but it cost me everything.

It is better to learn the moving average. At the very least:

1 It gives you a strong sense of direction, and you will not be blind and operate frequently when the market is falling.

2 The moving average facilitates you to establish a complete trading system, opening points, stop-profit and stop-loss, holding, etc.

Analysis and trading are two different fields. I believe that people who study this theory do it not just because of hobby, but for profit! Right. Since it comes from trading, there should be no subjective assumptions, but respect for the market. Only a fool would believe that the market price will follow your calculations.

When the decline turns upward, enter the market. If the price rises until it cannot continue, I will leave the market. Rather than an indicator containing a future function. Tell you this is the top and let you sell. When prices continue to hit new highs. The arrow that just told you to sell has quietly disappeared. Haha....This is the fatal thing about waves.

Most of the people who can survive in this market are trend traders, while most predictive traders lose money.

(I don’t quite understand why the questioner adopted this dear friend! Haha, if people can’t understand his original intention, what practical use will it have?)