I have formulated the Worst Case Scenario using EW Analysis, this is just a personal analysis and not a recommendation or whatsoever. In terms of Elliot Wave rules , I am not sure if I violated a rule which should be longer, shorter or which wave should be counted and not counted.
This may not be a valid count, or may not be, I just would like to share everyone that there could be others like me finding this count plausible. I am not sure, but I really DONT like this to happen. Just a sneak peak what usually happens after a Bull Market.
Might be 10-20% chance to happen. Feel free for other Elliot Waves traders to comment on this study.
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