I still use EW and it's about the only kind of TA that works for me on longer time frames, aside from defining the main trend and its pullbacks. To easily see the impulse waves that offer the best odds, look for the horizontal supports along a trend. And I'm still here, 9 years after my other post up the thread, only because of risk management! (it is The Answer)
%% TRUE+ practical. BUT also true + practical= on a huge number of uptrends [ + some downtrends] ; have average, below average , barely average ,+ above average volume. Volume is measured on that remark with 50dma , with SPY benchmark for example............ So confirm volume would be my first choice but so many times , not a very common occurrence, large sample. Same principal, some RE buyers + sellers get messed up on a sale with one house LOL=too little volume to count, unless you are that one buyer or seller LOL Certified RE appraiser gets 3; I like more than that myself. Good points, victor.