T/A ETF AND INDEX

[POKERSAM]

He shows four possibilities. He sounds confused to me. One is correct and the other three are incorrect. Since you see another possibility that you think is correct then you think all four of his are wrong.
I know from your past posts that you like Pretzel because he gives all of the possibilities. I am sure if one tried hard enough he could come up with a couple more than the four he gives or the one you give.
As far as Pretzel is concerned I would think it would be pretty hard to trade when all you have are several possibilities. I think this is a case of we could go up if we do not go down and if we go down we will not go up. You are never wrong when you cover all of the bases you can find. There is no way to agree with Pretzel or disagree with Pretzel since he just offers all the possibilities he sees.
I like the blue 5 and the red i,ii,iii. With a trend change at 1597. This is one of the possibilities that Pretzel offers. I don't see your possibility on his chart. I do understand what it is though. I find it pretty improbable.
Pretzel's labels are pretty strange. He uses different labels for the same degree in wave 3 and 4,5.
The fact is that everyone who practices EWP almost always has multiple possibilities. The practice of EWP is all about eliminating possibilities and arriving at the count that is the most probable.