Application of Wave Theory and Their dangerous Misunderstandings

I have made small efforts in giving an Moderate Explanation on how the wave theory should be accounted while taking a trade based on Elliott wave theory

I can see many people try to put up labels and other diagrams in the chart , but reality is far away form them ,

My advise to you all is dont blindly believe , take proper logical approach and take decision when viewing complete charts

I can see many try to be expert on it , I wish them Good luck