Good points. Some EW counters are better than others. That's why it's an art. Some can have better feel for the waves. I combine chart patterns with EW.
I have to adjust the waves because I don't have a crystal ball. If you know of anyone who does, please let me know. That means one projection can be modified based on new price action. However, the fact that an abc three wave correction is always followed by a five wave motive gives good outline to trace and peak around the corner.
Please take a look at my calls on Monaco, NEO, etc.....these allowed those peaks to 466% type of profits.