I went back and added the count that I posted last night, down below, along with the confirmation that it is a valid count, as seen from the Robert Balan book-Elliott Wave Principle Forex to the hourly chart above. If Elliott waves are about fractals, this is as perfect as it gets, wave A and wave C are identical in the wave pattern and structure. Just as in the chart below the trendlines are acting in the same manner, wash, rinse, repeat. In hindsight the whole corrective wave P2 now makes sense to me with this count, this is truely as simple as it gets!!! (now, lets see if Mr. Market agrees with me)
Please add comments below!!!
Your thoughts would be much appreciated on this new count.
Kevin submitted a comment about the validity of a complex zig-zag in a larger structure, I found this on the Robert Balan download I have, and it also answered a question I had, was it even possible to have a double zig-zag for a "C" wave. By clicking on the link above you can download Robert's book for free, it is an invaluable book for any Elliott waver. It covers many very complex corrective wave patterns.